Full Address

17 HAZEL WAY
LONDON
GREATER LONDON
UNITED KINGDOM
SE1 5XJ

Estimated Market Value

£230,071

This estimated value is based upon the latest sale price for the house of £225,000 on 25 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON1

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Transactions for this house
Price PaidDate
£225,00025 Mar 2019
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 120.5.

The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 2.254%.

Applying this 2.254% change to the original purchase price of £225,000 gives us an estimated price now of around £230,071.

25 Mar 2019 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
120.5 123.2 2.254 % £225,000 £5,071 £230,071

The Postcode Pricing Model uses changes in average sales price within the SE1 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 -95.511 % £-214,899 £10,100
3 Month Average -61.974 % £-139,442 £85,557
6 Month Average -33.562 % £-75,513 £149,486

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In March 2019 the average sale price for the 50 nearest sales within two miles of 17 HAZEL WAY was £449,921.

In June 2020 the average sale price for the 27 nearest sales was £582,555. This is a change of 29.480%.

So taking the original purchase price of £225,000 and adjusting it by 29.480% gives an estimated price of £291,328.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 25 Mar 2019 Average price on 26 Jun 2020 % change Purchase Price Gain / Loss Estimated Price
£449,921 £582,555 29.480 % £225,000 £66,328 £291,328
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
8 Nov 2019 £588,647 £585,000 17 ALSCOT WAY
19 Jul 2019 £269,707 £265,000 50 ALSCOT WAY
25 Mar 2019 £230,071 £225,000 17 HAZEL WAY
22 Oct 2018 £295,845 £296,400 86 SETCHELL WAY
30 Jul 2018 £433,054 £435,000 FLAT G.08 BUILDING 600 ALASKA BUILDINGS, 61 GRANGE ROAD

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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