£428,979
This estimated value is based upon the latest sale price for the house of £322,200 on 25 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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160 Jamaica Road, Bermondsey, SE16 4RT
Phone: 02081282432
| Price Paid | Date |
|---|---|
| £322,200 | 25 Aug 2016 |
| £43,250 | 14 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £322,200 results in an estimated price of approximately £428,979.
| 25 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £322,200 | £106,779 | £428,979 |
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 | -0.903 % | £-2,910 | £319,289 |
| 3 Month Average | 2.333 % | £7,516 | £329,716 |
| 6 Month Average | 3.789 % | £12,209 | £334,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £289,533 | £287,000 | FLAT 7 BURNABY COURT, 1 SCOTT LIDGETT CRESCENT |
| 9 Jun 2023 | £316,838 | £313,000 | 12 DARTLE COURT DICKENS ESTATE |
| 31 Mar 2023 | £161,522 | £160,000 | FLAT 71 WRAYBURN HOUSE LLEWELLYN STREET |
| 28 Apr 2022 | £386,175 | £375,000 | FLAT 23 WRAYBURN HOUSE LLEWELLYN STREET |
| 30 Sep 2021 | £447,201 | £415,000 | 52 PYNFOLDS JAMAICA ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 29 May 2019. Using an estimated price of £428,980 means this house is valued at £9,127 per sq meter (£847 per sq foot).
The average size of a house on JAMAICA ROAD is 62 sq meters (671 sq feet).