£573,821
This estimated value is based upon the latest sale price for the house of £580,000 on 19 Oct 2022. 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 |
|---|---|
| £580,000 | 19 Oct 2022 |
| £525,000 | 5 Jun 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 October 2022 the House Price Index for GREATER LONDON was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £580,000 results in an estimated price of approximately £573,821.
| 19 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.6 | -1.065 % | £580,000 | £-6,178 | £573,821 |
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 | -21.839 % | £-126,668 | £453,331 |
| 3 Month Average | 0.631 % | £3,658 | £583,658 |
| 6 Month Average | -5.085 % | £-29,490 | £550,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2022 | £573,822 | £580,000 | FLAT 1706 18 CUTTER LANE |
| 9 Feb 2021 | £808,843 | £712,500 | FLAT 1601 18 CUTTER LANE |
| 20 Nov 2020 | £1,159,354 | £1,000,000 | FLAT 2002, 10 CUTTER LANE |
| 31 Mar 2020 | £963,550 | £800,000 | FLAT 1504 18 CUTTER LANE |
| 11 Feb 2020 | £890,364 | £727,725 | FLAT 1501 18 CUTTER LANE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 11 Oct 2018. Using an estimated price of £573,822 means this house is valued at £11,954 per sq meter (£1,110 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 | Theft from the person | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Theft from the person | Under investigation | On or near Further/Higher Educational Building |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Further/Higher Educational Building |