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Estimated Market Value


This estimated value is based upon the latest sale price for the house of £167,000 on 25 Mar 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON1

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Transactions for this house
Price PaidDate
£167,00025 Mar 1997
House Details

House Price Models

Land Registry House Price Index Model

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 March 1997 the House Price Index for GREATER LONDON was 23.0.

The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 435.773%.

Applying this 435.773% change to the original purchase price of £167,000 gives us an estimated price now of around £894,741.

25 Mar 1997 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
23.0 123.2 435.773 % £167,000 £727,741 £894,741

The Postcode Pricing Model uses changes in average sales price within the SE1 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 744.868 % £1,243,929 £1,410,929
3 Month Average 344.546 % £575,392 £742,392
6 Month Average 418.812 % £699,416 £866,416
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
25 Mar 2019 £230,071 £225,000 17 HAZEL WAY
18 Feb 2019 £456,002 £450,000 FLAT 22 172 GRANGE ROAD
30 Jul 2018 £433,054 £435,000 FLAT G.08 BUILDING 600 ALASKA BUILDINGS, 61 GRANGE ROAD
3 Jul 2018 £408,166 £410,000 FLAT 28 172 GRANGE ROAD
4 May 2018 £758,047 £750,000 FLAT 7.24 BUILDING 720 ALASKA BUILDINGS, 61 GRANGE ROAD

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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