2 FLAT 508 CUTTER LANE

£695,612

Full Address

2 FLAT 508 CUTTER LANE
LONDON
GREATER LONDON
UNITED KINGDOM
SE10 0ZT

Estimated Market Value

£695,612

This estimated value is based upon the latest sale price for the house of £600,000 on 2 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1

There has been one burglary within the last year on or near Parking Area

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Local Estate Agents

Changing Property

6 Mitre Passage, Greenwich Peninsula, London, SE10 0ER

Phone: 02081667212

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Map

Map other sales near here

Transactions for this house
Price PaidDate
£600,0002 Nov 2020
House Details
Flats/Maisonettes
Leasehold
Floor Area: 49 sq meters or 527 sq feet

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 November 2020 the House Price Index for GREATER LONDON was 128.2.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.

Applying this 15.935% change to the original purchase price of £600,000 results in an estimated price of approximately £695,612.

2 Nov 2020 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
128.2 148.6 15.935 % £600,000 £95,612 £695,612

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 -15.569 % £-93,411 £506,588
3 Month Average 4.820 % £28,922 £628,922
6 Month Average 2.407 % £14,444 £614,444
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
24 Sep 2021 £896,934 £832,350 FLAT 1006 2 CUTTER LANE
22 Dec 2020 £901,242 £785,250 FLAT 804 2 CUTTER LANE
22 Dec 2020 £883,165 £769,500 FLAT 405 2 CUTTER LANE
22 Dec 2020 £694,137 £604,800 FLAT 1504 2 CUTTER LANE
18 Dec 2020 £615,088 £535,925 FLAT 403 2 CUTTER LANE

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House Size

This house has a floor area of 49 sq meters or 527 sq feet when measured on 13 Jan 2020. Using an estimated price of £695,612 means this house is valued at £14,196 per sq meter (£1,318 per sq foot).

The average size of a house on CUTTER LANE is 69 sq meters (748 sq feet).

Recent Crimes Near Here
DateCrimeOutcomeWhere
Jan 2024 Violence and sexual offences Under investigation On or near Parking Area
Jan 2024 Theft from the person Investigation complete; no suspect identified On or near Parking Area
Dec 2023 Burglary Investigation complete; no suspect identified On or near Parking Area
Dec 2023 Public order Awaiting court outcome On or near Parking Area

View full details of these crimes and others in this area

Companies Near Here
WALTERS DESIGN LIMITED
Brentons Farm Goss Moor St Columb England TR9 6HR
DIAMOND GCL LIMITED
Retew Hill St. Austell England PL26 8ED
THE CORNISH PROPERTY PRACTICE LTD
Wyndhurst Goss Moor St. Columb Cornwall England TR9 6HW
BARRETT CONTRACTORS LIMITED
Brays Tenement Goss Moor Indian Queens St Columb Cornwall United Kingdom TR9 6HW
J & T WEBSTER SERVICES LTD
Unit 9 Moorland Road Industrial Park Indian Queens St. Columb Cornwall England TR9 6FB

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People Near Here
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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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