£355,388
This estimated value is based upon the latest sale price for the house of £195,000 on 21 Oct 2005. 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 Lancey Close
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14 The Village, London, SE7 8UD
Phone: 02080332434
Price Paid | Date |
---|---|
£195,000 | 21 Oct 2005 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £195,000 results in an estimated price of approximately £355,388.
21 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 148.6 | 82.250 % | £195,000 | £160,388 | £355,388 |
The Postcode Pricing Model uses changes in average sales price within the SE7 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 | 183.078 % | £357,001 | £552,001 |
3 Month Average | 69.187 % | £134,914 | £329,914 |
6 Month Average | 97.283 % | £189,701 | £384,701 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £280,454 | £278,000 | FLAT 26 BYWATER HOUSE HARLINGER STREET |
18 Apr 2023 | £222,395 | £220,000 | 28B WOODLAND TERRACE |
28 Feb 2023 | £514,654 | £515,000 | 17 HARLINGER STREET |
30 Jan 2023 | £194,086 | £195,000 | FLAT 8 HOWICK MANSIONS, 831 WOOLWICH ROAD |
10 Nov 2022 | £158,085 | £160,000 | FLAT 8 BYWATER HOUSE HARLINGER STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 10 Aug 2017. Using an estimated price of £355,388 means this house is valued at £3,862 per sq meter (£358 per sq foot).
The average size of a house on LANCEY CLOSE is 101 sq meters (1,092 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Lancey Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lancey Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Lancey Close |