£537,979
This estimated value is based upon the latest sale price for the house of £160,000 on 16 Jul 2001. 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 |
|---|---|
| £160,000 | 16 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 July 2001 the House Price Index for GREATER LONDON was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £160,000 results in an estimated price of approximately £537,979.
| 16 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £160,000 | £377,979 | £537,979 |
The Postcode Pricing Model uses changes in average sales price within the SE14 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 | 47.798 % | £76,476 | £236,476 |
| 3 Month Average | 178.815 % | £286,104 | £446,104 |
| 6 Month Average | 243.994 % | £390,391 | £550,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £606,479 | £597,500 | 2D FLORENCE ROAD |
| 29 Sep 2023 | £455,828 | £450,000 | 7 HESTON STREET |
| 20 Mar 2023 | £358,376 | £355,000 | FLAT 63 HESTON HOUSE TANNERS HILL |
| 28 Nov 2022 | £363,102 | £367,500 | 3B FLORENCE ROAD |
| 19 Aug 2022 | £695,328 | £697,200 | 8 FLORENCE ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 25 Jan 2018. Using an estimated price of £537,979 means this house is valued at £4,598 per sq meter (£427 per sq foot).
The average size of a house on FLORENCE TERRACE is 98 sq meters (1,060 sq feet).