£703,998
This estimated value is based upon the latest sale price for the house of £560,000 on 19 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Minard Road, SE6 1NP
Phone: 02081155937
| Price Paid | Date |
|---|---|
| £560,000 | 19 Dec 2017 |
| £100,000 | 12 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £560,000 results in an estimated price of approximately £703,998.
| 19 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £560,000 | £143,998 | £703,998 |
The Postcode Pricing Model uses changes in average sales price within the SE6 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 | 120.743 % | £676,162 | £1,236,162 |
| 3 Month Average | 27.164 % | £152,117 | £712,117 |
| 6 Month Average | 5.779 % | £32,361 | £592,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £534,349 | £525,000 | 138 SOUTH PARK CRESCENT |
| 30 Nov 2023 | £345,109 | £340,000 | 182A VERDANT LANE |
| 21 Nov 2023 | £304,508 | £300,000 | 184 VERDANT LANE |
| 21 Nov 2023 | £304,508 | £300,000 | 184A VERDANT LANE |
| 24 Aug 2023 | £554,854 | £550,000 | 158 VERDANT LANE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 14 Feb 2017. Using an estimated price of £703,999 means this house is valued at £5,770 per sq meter (£536 per sq foot).
The average size of a house on VERDANT LANE is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Verdant Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Verdant Lane |
| Dec 2023 | Drugs | Offender given penalty notice | On or near Verdant Lane |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Verdant Lane |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oak Cottage Close |