£382,784
This estimated value is based upon the latest sale price for the house of £242,500 on 22 Feb 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 1 Toronto House, Surrey Quays Road, London, SE16 7AJ
Phone: 02034630622
Price Paid | Date |
---|---|
£242,500 | 22 Feb 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in February 2008 the House Price Index for GREATER LONDON was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £242,500 results in an estimated price of approximately £382,784.
22 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 149.7 | 57.849 % | £242,500 | £140,284 | £382,784 |
The Postcode Pricing Model uses changes in average sales price within the SE16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 102.313 % | £248,108 | £490,608 |
3 Month Average | 55.821 % | £135,366 | £377,866 |
6 Month Average | 57.937 % | £140,496 | £382,996 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £525,000 | £525,000 | FLAT 425 HELIGAN HOUSE WATER GARDENS SQUARE |
18 Dec 2023 | £557,119 | £540,000 | FLAT 416 HELIGAN HOUSE WATER GARDENS SQUARE |
31 Jan 2023 | £117,313 | £117,000 | FLAT 553 GIVERNY HOUSE WATER GARDENS SQUARE |
23 Jan 2023 | £526,407 | £525,000 | FLAT 641 PAVILLION HOUSE WATER GARDENS SQUARE |
26 Mar 2022 | £506,308 | £485,000 | FLAT 433 HELIGAN HOUSE WATER GARDENS SQUARE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 21 Mar 2019. Using an estimated price of £382,784 means this house is valued at £9,569 per sq meter (£889 per sq foot).
The average size of a house on WATER GARDENS SQUARE is 77 sq meters (834 sq feet).