£791,865
This estimated value is based upon the latest sale price for the house of £465,000 on 3 Sep 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Minard Road, SE6 1NP
Phone: 02081155937
| Price Paid | Date |
|---|---|
| £465,000 | 3 Sep 2012 |
| £299,500 | 11 Aug 2003 |
| £299,500 | 11 Aug 2003 |
| Terraced |
| Leasehold |
| Floor Area: 151 sq meters or 1,628 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £465,000 results in an estimated price of approximately £791,865.
| 3 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £465,000 | £326,865 | £791,865 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 35.562 % | £165,363 | £630,363 |
| 3 Month Average | 81.938 % | £381,013 | £846,013 |
| 6 Month Average | 77.701 % | £361,307 | £826,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £295,164 | £290,000 | 322C HITHER GREEN LANE |
| 29 Sep 2023 | £319,080 | £315,000 | 71B WELLMEADOW ROAD |
| 21 Feb 2023 | £234,842 | £235,000 | FLAT 2 53 WELLMEADOW ROAD |
| 6 Apr 2022 | £438,694 | £426,000 | 201A SPRINGBANK ROAD |
| 9 Feb 2022 | £188,527 | £179,773 | FLAT 3 312 HITHER GREEN LANE |
This house has a floor area of 151 sq meters or 1,628 sq feet when measured on 26 Mar 2010. Using an estimated price of £791,865 means this house is valued at £5,234 per sq meter (£486 per sq foot).
The average size of a house on WELLMEADOW ROAD is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wellmeadow Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wellmeadow Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellmeadow Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wellmeadow Road |