£864,391
This estimated value is based upon the latest sale price for the house of £500,000 on 11 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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236 Railton Road, Herne Hill, SE24 0JT
Phone: 02080222681
Price Paid | Date |
---|---|
£500,000 | 11 Oct 2011 |
£325,000 | 13 Feb 2004 |
£285,000 | 12 Dec 2002 |
Terraced |
Freehold |
Floor Area: 137 sq meters or 1,479 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £500,000 results in an estimated price of approximately £864,391.
11 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.878 % | £500,000 | £364,391 | £864,391 |
The Postcode Pricing Model uses changes in average sales price within the SE24 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 | 69.691 % | £348,453 | £848,453 |
3 Month Average | 43.921 % | £219,602 | £719,602 |
6 Month Average | 72.721 % | £363,604 | £863,604 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £902,899 | £895,000 | 291 MILKWOOD ROAD |
20 Jul 2023 | £1,936,057 | £1,910,000 | 19 GUBYON AVENUE |
26 Apr 2023 | £2,441,286 | £2,415,000 | 3 GUBYON AVENUE |
3 May 2022 | £677,771 | £665,000 | UPPER FLAT 287 MILKWOOD ROAD |
20 Apr 2022 | £509,751 | £495,000 | TOP FLOOR FLAT 34 GUBYON AVENUE |
This house has a floor area of 137 sq meters or 1,479 sq feet when measured on 5 May 2011. Using an estimated price of £864,392 means this house is valued at £6,287 per sq meter (£584 per sq foot).
The average size of a house on MILKWOOD ROAD is 98 sq meters (1,059 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Shardcroft Avenue |
Dec 2023 | Anti-social behaviour | On or near Shardcroft Avenue | |
Dec 2023 | Anti-social behaviour | On or near Shardcroft Avenue | |
Dec 2023 | Anti-social behaviour | On or near Shardcroft Avenue | |
Dec 2023 | Anti-social behaviour | On or near Shardcroft Avenue |