£493,218
This estimated value is based upon the latest sale price for the house of £299,950 on 17 Jun 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit D229 Parkhall Business Centre 40 Martell Road, London, SE21 8EN
Phone: 02036416610
| Price Paid | Date |
|---|---|
| £299,950 | 17 Jun 2013 |
| £250,000 | 7 Nov 2011 |
| £193,000 | 1 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 2013 the House Price Index for GREATER LONDON was 89.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 64.434%.Applying this 64.434% change to the original purchase price of £299,950 results in an estimated price of approximately £493,218.
| 17 Jun 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 146.7 | 64.434 % | £299,950 | £193,268 | £493,218 |
The Postcode Pricing Model uses changes in average sales price within the SE21 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 | 54.391 % | £163,144 | £463,094 |
| 3 Month Average | 39.856 % | £119,549 | £419,499 |
| 6 Month Average | 73.152 % | £219,420 | £519,370 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 3 Aug 2012.
The average size of a house on MARTELL ROAD is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Martell Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Myton Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Myton Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Myton Road |