£1,573,687
This estimated value is based upon the latest sale price for the house of £1,200,000 on 9 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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229 Gipsy Road, London, SE27 9QY
Phone: 02036413997
| Price Paid | Date |
|---|---|
| £1,200,000 | 9 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 September 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.141%.Applying this 31.141% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,573,687.
| 9 Sep 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 146.7 | 31.141 % | £1,200,000 | £373,687 | £1,573,687 |
The Postcode Pricing Model uses changes in average sales price within the SE19 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 | 82.298 % | £987,581 | £2,187,581 |
| 3 Month Average | 1.486 % | £17,832 | £1,217,832 |
| 6 Month Average | 17.100 % | £205,202 | £1,405,202 |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 6 Oct 2021.
The average size of a house on HITHERWOOD DRIVE is 133 sq meters (1,440 sq feet).
This house is the largest in the street with a floor area of 214 sq meters (2,303 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitherwood Drive |