£370,753
This estimated value is based upon the latest sale price for the house of £300,000 on 2 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 20, Nice Business Park, 19-35 Sylvan Grove, Nice Business Park, 19-35 Sylvan Grove, London, SE15 1PD
Phone: 02036416573
Price Paid | Date |
---|---|
£300,000 | 2 Dec 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £300,000 results in an estimated price of approximately £370,753.
2 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £300,000 | £70,753 | £370,753 |
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 | 34.692 % | £104,074 | £404,074 |
3 Month Average | 10.092 % | £30,274 | £330,274 |
6 Month Average | 17.130 % | £51,389 | £351,389 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £560,102 | £550,000 | UNIT G05 CROWN PLACE APARTMENTS, 20 VARCOE ROAD |
11 Aug 2023 | £310,602 | £305,000 | APARTMENT 24 1 VARCOE ROAD |
7 Feb 2023 | £425,341 | £422,500 | 84 VARCOE ROAD |
13 May 2022 | £513,374 | £500,000 | UNIT 204 CROWN PLACE APARTMENTS, 20 VARCOE ROAD |
30 Nov 2021 | £320,319 | £294,000 | APARTMENT 31 1 VARCOE ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 7 Nov 2019. Using an estimated price of £370,754 means this house is valued at £9,756 per sq meter (£906 per sq foot).
The average size of a house on VARCOE ROAD is 45 sq meters (490 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Eagle Close | |
Apr 2024 | Anti-social behaviour | On or near Eagle Close | |
Apr 2024 | Anti-social behaviour | On or near Eagle Close |