£429,040
This estimated value is based upon the latest sale price for the house of £188,000 on 8 Sep 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-4 New King Street, London, SE8 3HS
Phone: 02080338661
Price Paid | Date |
---|---|
£188,000 | 8 Sep 2003 |
£125,500 | 15 Sep 2000 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 709 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 September 2003 the House Price Index for GREATER LONDON was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £188,000 results in an estimated price of approximately £429,040.
8 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
65.1 | 148.6 | 128.213 % | £188,000 | £241,040 | £429,040 |
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 | 119.396 % | £224,464 | £412,464 |
3 Month Average | 131.033 % | £246,341 | £434,341 |
6 Month Average | 160.459 % | £301,662 | £489,662 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jul 2022 | £335,904 | £335,000 | FLAT 20 LAUREL HOUSE ABINGER GROVE |
27 Jan 2022 | £257,840 | £245,000 | FLAT 7 RICKMAN HOUSE GROVE STREET |
30 Nov 2021 | £345,003 | £319,000 | FLAT 17 ASHFORD HOUSE STAUNTON STREET |
22 Oct 2021 | £1,178,399 | £1,065,000 | GROUND FLOOR FLAT 210 EVELYN STREET |
30 Jun 2021 | £375,523 | £350,000 | 88C GROVE STREET |
This house has a floor area of 65 sq meters or 709 sq feet when measured on 20 Apr 2010. Using an estimated price of £429,041 means this house is valued at £6,504 per sq meter (£604 per sq foot).
The average size of a house on GROVE STREET is 69 sq meters (748 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Sayes Court Street | |
Jan 2024 | Anti-social behaviour | On or near Sayes Court Street | |
Jan 2024 | Anti-social behaviour | On or near Sayes Court Street |