£494,155
This estimated value is based upon the latest sale price for the house of £400,000 on 20 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Mitre Passage, Greenwich Peninsula, London, SE10 0ER
Phone: 02081667212
| Price Paid | Date |
|---|---|
| £400,000 | 20 Mar 2019 |
| 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £400,000 results in an estimated price of approximately £494,155.
| 20 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £400,000 | £94,155 | £494,155 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | 14.020 % | £56,080 | £456,080 |
| 3 Month Average | 25.260 % | £101,040 | £501,040 |
| 6 Month Average | 7.102 % | £28,407 | £428,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £512,143 | £505,250 | FLAT 310 10 CUTTER LANE |
| 20 Nov 2020 | £1,159,354 | £1,000,000 | FLAT 2002, 10 CUTTER LANE |
| 12 Nov 2020 | £848,647 | £732,000 | FLAT 802 10 CUTTER LANE |
| 12 Aug 2020 | £1,016,208 | £847,500 | FLAT 809 10 CUTTER LANE |
| 10 Jul 2020 | £671,107 | £555,000 | FLAT 1104 10 CUTTER LANE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 24 Oct 2018. Using an estimated price of £494,155 means this house is valued at £10,513 per sq meter (£976 per sq foot).
The average size of a house on CUTTER LANE is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cutter Lane |
| Jan 2024 | Anti-social behaviour | On or near Cutter Lane | |
| Jan 2024 | Anti-social behaviour | On or near Cutter Lane | |
| Jan 2024 | Anti-social behaviour | On or near Cutter Lane | |
| Jan 2024 | Anti-social behaviour | On or near Cutter Lane |