£229,672
This estimated value is based upon the latest sale price for the house of £122,500 on 11 Apr 2005. 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 |
---|---|
£122,500 | 11 Apr 2005 |
£45,500 | 15 Dec 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £122,500 results in an estimated price of approximately £229,672.
11 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.488 % | £122,500 | £107,172 | £229,672 |
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 | 142.419 % | £174,462 | £296,962 |
3 Month Average | 134.151 % | £164,334 | £286,834 |
6 Month Average | 119.467 % | £146,347 | £268,847 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £216,657 | £210,000 | FLAT 9 ROWALLAN COURT CUMBERLAND PLACE |
26 Oct 2023 | £199,532 | £195,000 | FLAT 3 MERIDIAN COURT CUMBERLAND PLACE |
9 Jun 2023 | £423,487 | £415,000 | 90 SOUTH PARK CRESCENT |
7 Feb 2023 | £543,631 | £540,000 | 123 SOUTH PARK CRESCENT |
23 May 2022 | £456,903 | £445,000 | 101 SOUTH PARK CRESCENT |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 22 Sep 2021. Using an estimated price of £229,673 means this house is valued at £5,468 per sq meter (£508 per sq foot).
The average size of a house on CUMBERLAND PLACE is 46 sq meters (500 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near South Park Crescent | |
Apr 2024 | Anti-social behaviour | On or near South Park Crescent | |
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 |