£695,302
This estimated value is based upon the latest sale price for the house of £700,000 on 11 Aug 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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236 Railton Road, Herne Hill, SE24 0JT
Phone: 02080222681
| Price Paid | Date |
|---|---|
| £700,000 | 11 Aug 2022 |
| £130,000 | 12 Apr 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 August 2022 the House Price Index for GREATER LONDON was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £700,000 results in an estimated price of approximately £695,302.
| 11 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £700,000 | £-4,697 | £695,302 |
The Postcode Pricing Model uses changes in average sales price within the SE24 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 | 65.390 % | £457,731 | £1,157,731 |
| 3 Month Average | -24.449 % | £-171,145 | £528,854 |
| 6 Month Average | -16.775 % | £-117,422 | £582,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £1,928,240 | £1,910,000 | 19 GUBYON AVENUE |
| 14 Jul 2023 | £555,252 | £550,000 | FLAT 4 41 GUBYON AVENUE |
| 26 Apr 2023 | £2,433,084 | £2,415,000 | 3 GUBYON AVENUE |
| 24 Feb 2023 | £873,867 | £878,000 | 6 ABBEY MANSION MEWS |
| 11 Aug 2022 | £695,302 | £700,000 | 19 OBORNE CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 23 Jul 2021. Using an estimated price of £695,302 means this house is valued at £8,914 per sq meter (£828 per sq foot).
The average size of a house on OBORNE CLOSE is 84 sq meters (904 sq feet).