£411,653
This estimated value is based upon the latest sale price for the house of £337,500 on 31 Jan 2020. 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 |
|---|---|
| £337,500 | 31 Jan 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 629 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £337,500 results in an estimated price of approximately £411,653.
| 31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £337,500 | £74,153 | £411,653 |
The Postcode Pricing Model uses changes in average sales price within the SE27 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 | 0.632 % | £2,131 | £339,631 |
| 3 Month Average | 2.099 % | £7,084 | £344,584 |
| 6 Month Average | -2.128 % | £-7,180 | £330,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £585,240 | £575,000 | 51 CLIVE ROAD |
| 19 Dec 2023 | £627,988 | £617,000 | FLAT 3 171A GIPSY ROAD |
| 13 Jul 2023 | £709,550 | £700,000 | 97 ROMMANY ROAD |
| 3 Jul 2023 | £689,277 | £680,000 | 17 ROMMANY ROAD |
| 14 Jun 2023 | £698,461 | £690,000 | 31 ROMMANY ROAD |
This house has a floor area of 58 sq meters or 629 sq feet when measured on 8 Jun 2009. Using an estimated price of £411,654 means this house is valued at £7,042 per sq meter (£654 per sq foot).
The average size of a house on TANNOY SQUARE is 74 sq meters (798 sq feet).
This house is the largest in the street with a floor area of 58 sq meters (629 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pennington Close |