£541,990
This estimated value is based upon the latest sale price for the house of £515,000 on 31 Jan 2022. 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 |
|---|---|
| £515,000 | 31 Jan 2022 |
| £430,000 | 16 Feb 2018 |
| £349,955 | 12 Jun 2015 |
| Terraced |
| Freehold |
| 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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £515,000 results in an estimated price of approximately £541,990.
| 31 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £515,000 | £26,990 | £541,990 |
The Postcode Pricing Model uses changes in average sales price within the SE6 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 | -47.231 % | £-243,240 | £271,759 |
| 3 Month Average | -22.667 % | £-116,733 | £398,266 |
| 6 Month Average | -13.422 % | £-69,123 | £445,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £420,089 | £415,000 | 90 SOUTH PARK CRESCENT |
| 28 Apr 2023 | £227,449 | £225,000 | FLAT 14 MCMILLAN COURT CUMBERLAND PLACE |
| 31 Jan 2022 | £541,990 | £515,000 | 61 SOUTH PARK CRESCENT |
| 15 Dec 2021 | £214,275 | £200,000 | FLAT 10 BLAIR COURT CUMBERLAND PLACE |
| 28 Jun 2021 | £237,009 | £220,900 | FLAT 1 BARROW COURT CUMBERLAND PLACE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Oct 2014. Using an estimated price of £541,990 means this house is valued at £6,774 per sq meter (£629 per sq foot).
The average size of a house on SOUTH PARK CRESCENT is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near South Park Crescent |
| Apr 2024 | Bicycle theft | Under investigation | On or near South Park Crescent |
| Apr 2024 | Anti-social behaviour | On or near South Park Crescent | |
| Apr 2024 | Anti-social behaviour | On or near South Park Crescent | |
| Apr 2024 | Anti-social behaviour | On or near South Park Crescent |