£363,237
This estimated value is based upon the latest sale price for the house of £180,000 on 26 Apr 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 18, 08 Aragon Tower, George Beard Road, London, SE8 3AL
Phone: 02036413928
Price Paid | Date |
---|---|
£180,000 | 26 Apr 2004 |
£150,000 | 31 Aug 2001 |
£70,000 | 18 Sep 1998 |
Terraced |
Freehold |
Floor Area: 144 sq meters or 1,550 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 April 2004 the House Price Index for GREATER LONDON was 72.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 101.799%.Applying this 101.799% change to the original purchase price of £180,000 results in an estimated price of approximately £363,237.
26 Apr 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 146.7 | 101.799 % | £180,000 | £183,237 | £363,237 |
The Postcode Pricing Model uses changes in average sales price within the SE8 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 | 203.893 % | £367,007 | £547,007 |
3 Month Average | 141.791 % | £255,224 | £435,224 |
6 Month Average | 153.584 % | £276,451 | £456,451 |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 22 Nov 2013.
The average size of a house on CARTERET WAY is 92 sq meters (990 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).