£344,314
This estimated value is based upon the latest sale price for the house of £300,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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15 Duke House, London, SE18 6SX
Phone: 02035512440
| Price Paid | Date |
|---|---|
| £300,000 | 11 Dec 2020 |
| £202,000 | 26 Mar 2020 |
| £111,000 | 18 Sep 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £300,000 results in an estimated price of approximately £344,314.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £300,000 | £44,314 | £344,314 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | 7.695 % | £23,084 | £323,084 |
| 3 Month Average | 1.197 % | £3,590 | £303,590 |
| 6 Month Average | 9.409 % | £28,227 | £328,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £383,614 | £380,000 | 44 OLIVER COURT INVERMORE PLACE |
| 1 Feb 2023 | £404,728 | £405,000 | 10 WALMER TERRACE |
| 12 Jan 2023 | £16,298,226 | £16,375,000 | PLUMSTEAD CENTRE, 95 PLUMSTEAD ROAD |
| 9 Aug 2022 | £314,154 | £315,000 | 75 INVERMORE PLACE |
| 11 Feb 2022 | £377,530 | £360,000 | 76 INVERMORE PLACE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Jun 2020. Using an estimated price of £344,314 means this house is valued at £4,590 per sq meter (£426 per sq foot).
The average size of a house on INVERMORE PLACE is 84 sq meters (911 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Awaiting court outcome | On or near Invermore Place |
| Jan 2024 | Vehicle crime | Under investigation | On or near Invermore Place |
| Apr 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Mar 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |