£125,409
This estimated value is based upon the latest sale price for the house of £126,000 on 5 Jan 2023. 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 |
|---|---|
| £126,000 | 5 Jan 2023 |
| £108,000 | 22 Aug 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £126,000 results in an estimated price of approximately £125,409.
| 5 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £126,000 | £-590 | £125,409 |
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 | 29.827 % | £37,582 | £163,582 |
| 3 Month Average | 10.505 % | £13,236 | £139,236 |
| 6 Month Average | 2.494 % | £3,142 | £129,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 28 Apr 2023 | £975,503 | £965,000 | 49 ROMMANY ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 17 Mar 2014. Using an estimated price of £125,409 means this house is valued at £2,612 per sq meter (£242 per sq foot).
The average size of a house on TANNOY SQUARE is 74 sq meters (798 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Tannoy Square | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tannoy Square |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tannoy Square |
| Apr 2024 | Drugs | Under investigation | On or near Tannoy Square |
| Mar 2024 | Vehicle crime | Under investigation | On or near Tannoy Square |