£295,902
This estimated value is based upon the latest sale price for the house of £53,000 on 22 Feb 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Strata Pavillion, 4 Walworth Road, London, SE1 6EB
Phone: 02036417282
| Price Paid | Date |
|---|---|
| £53,000 | 22 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 1995 the House Price Index for GREATER LONDON was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 458.306%.Applying this 458.306% change to the original purchase price of £53,000 results in an estimated price of approximately £295,902.
| 22 Feb 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 458.306 % | £53,000 | £242,902 | £295,902 |
The Postcode Pricing Model uses changes in average sales price within the SE11 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 | 207.239 % | £109,836 | £162,836 |
| 3 Month Average | 397.958 % | £210,917 | £263,917 |
| 6 Month Average | 455.748 % | £241,546 | £294,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £20,177 | £20,000 | 7 KENNINGTON LANE |
| 8 Aug 2023 | £519,545 | £515,000 | FLAT 8 ALBERT HOUSE KENNINGTON LANE |
| 8 Aug 2023 | £353,089 | £350,000 | FLAT 1 ALBERT HOUSE KENNINGTON LANE |
| 7 Aug 2023 | £504,463 | £500,050 | FLAT 26 FALSTAFF COURT OPAL STREET |
| 17 Jul 2023 | £359,843 | £355,000 | FLAT 6 LUCYASHE HOUSE WINCHESTER CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 12 Dec 2017. Using an estimated price of £295,902 means this house is valued at £4,850 per sq meter (£450 per sq foot).