£199,737
This estimated value is based upon the latest sale price for the house of £40,000 on 6 Sep 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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35 Honor Oak Park, SE23 1DZ
Phone: 02036415013
Price Paid | Date |
---|---|
£40,000 | 6 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 1997 the House Price Index for GREATER LONDON was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £40,000 results in an estimated price of approximately £199,737.
6 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.8 | 148.6 | 399.345 % | £40,000 | £159,737 | £199,737 |
The Postcode Pricing Model uses changes in average sales price within the SE23 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 | 346.305 % | £138,521 | £178,521 |
3 Month Average | 362.047 % | £144,818 | £184,818 |
6 Month Average | 463.699 % | £185,479 | £225,479 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Oct 2022 | £380,899 | £385,000 | 5A ST GERMAN'S ROAD |
29 Jun 2022 | £438,193 | £432,000 | FLAT B 40 ST GERMAN'S ROAD |
13 May 2022 | £305,761 | £300,000 | FLAT 3 190 STANSTEAD ROAD |
29 Apr 2022 | £449,095 | £436,100 | BASEMENT FLAT 1 42 ST GERMANS ROAD |
14 Apr 2022 | £2,723,819 | £2,645,000 | 219 STANSTEAD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 27 Jul 2020. Using an estimated price of £199,738 means this house is valued at £3,170 per sq meter (£294 per sq foot).
The average size of a house on STANSTEAD ROAD is 76 sq meters (826 sq feet).