£1,104,820
This estimated value is based upon the latest sale price for the house of £900,000 on 17 Apr 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Mitre Passage, Greenwich Peninsula, London, SE10 0ER
Phone: 02081667212
| Price Paid | Date |
|---|---|
| £900,000 | 17 Apr 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 April 2020 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £900,000 results in an estimated price of approximately £1,104,820.
| 17 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £900,000 | £204,820 | £1,104,820 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | -22.347 % | £-201,122 | £698,877 |
| 3 Month Average | -6.183 % | £-55,648 | £844,351 |
| 6 Month Average | -11.330 % | £-101,969 | £798,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2020 | £951,374 | £775,000 | FLAT 712 4 CUTTER LANE |
| 17 Apr 2020 | £1,110,959 | £905,000 | FLAT 1703 4 CUTTER LANE |
| 17 Apr 2020 | £1,129,373 | £920,000 | FLAT 1901 4 CUTTER LANE |
| 17 Apr 2020 | £564,686 | £460,000 | FLAT 1102 4 CUTTER LANE |
| 17 Apr 2020 | £736,547 | £600,000 | FLAT 1106 4 CUTTER LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 16 Sep 2019. Using an estimated price of £1,104,821 means this house is valued at £13,810 per sq meter (£1,283 per sq foot).
The average size of a house on CUTTER LANE is 69 sq meters (748 sq feet).