£486,877
This estimated value is based upon the latest sale price for the house of £380,000 on 23 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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247 Lewisham Way, London, SE4 1XF
Phone: 02081280173
| Price Paid | Date |
|---|---|
| £380,000 | 23 Jun 2017 |
| £120,000 | 3 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 June 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £380,000 results in an estimated price of approximately £486,877.
| 23 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £380,000 | £106,877 | £486,877 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | -8.450 % | £-32,108 | £347,891 |
| 3 Month Average | 23.359 % | £88,766 | £468,766 |
| 6 Month Average | 14.875 % | £56,524 | £436,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £446,612 | £440,000 | FLAT B 52 SHELL ROAD |
| 3 Mar 2023 | £1,241,698 | £1,230,000 | 2 OVERCLIFF ROAD |
| 1 Sep 2022 | £431,515 | £435,000 | LOWER FLAT 7 OVERCLIFF ROAD |
| 6 May 2022 | £270,089 | £265,000 | 6 NUDING CLOSE |
| 18 Mar 2022 | £626,939 | £605,000 | 29 OVERCLIFF ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 18 Nov 2013. Using an estimated price of £486,877 means this house is valued at £3,357 per sq meter (£311 per sq foot).
The average size of a house on OVERCLIFF ROAD is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Overcliff Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Overcliff Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nuding Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nuding Close |
| Dec 2023 | Anti-social behaviour | On or near Nuding Close |