£611,976
This estimated value is based upon the latest sale price for the house of £361,250 on 2 Jul 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Mary Boast Walk, London, SE5 8SP
Phone: 02080224441
| Price Paid | Date |
|---|---|
| £361,250 | 2 Jul 2010 |
| £70,000 | 11 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 779 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 July 2010 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £361,250 results in an estimated price of approximately £611,976.
| 2 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.405 % | £361,250 | £250,726 | £611,976 |
The Postcode Pricing Model uses changes in average sales price within the SE5 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 | 117.815 % | £425,605 | £786,855 |
| 3 Month Average | 87.505 % | £316,111 | £677,361 |
| 6 Month Average | 86.653 % | £313,034 | £674,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £674,072 | £665,000 | LLOYD EIST HOUSE, 2C COTTAGE GREEN |
| 31 Mar 2023 | £206,950 | £205,000 | GROUND FLOOR AND BASEMENT SHOP, 129 SOUTHAMPTON WAY |
| 4 Jul 2022 | £892,402 | £890,000 | 30 RAINBOW STREET |
| 1 Jun 2022 | £507,167 | £500,000 | 1 COTTAGE GREEN |
| 25 May 2022 | £894,352 | £877,500 | 50 RAINBOW STREET |
This house has a floor area of 72 sq meters or 779 sq feet when measured on 5 Feb 2010. Using an estimated price of £611,976 means this house is valued at £8,448 per sq meter (£784 per sq foot).
The average size of a house on WELLS WAY is 81 sq meters (877 sq feet).