£377,639
This estimated value is based upon the latest sale price for the house of £196,000 on 23 Aug 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Kennington Road, Waterloo, London, SE1 7BL
Phone: 02034630140
| Price Paid | Date |
|---|---|
| £196,000 | 23 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 August 2004 the House Price Index for GREATER LONDON was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £196,000 results in an estimated price of approximately £377,639.
| 23 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £196,000 | £181,639 | £377,639 |
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 | 46.518 % | £91,175 | £287,175 |
| 3 Month Average | 85.658 % | £167,889 | £363,889 |
| 6 Month Average | 101.502 % | £198,942 | £394,942 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £733,914 | £727,000 | 17 MCAULEY CLOSE |
| 13 Mar 2023 | £323,043 | £320,000 | 50 MCAULEY CLOSE |
| 13 Sep 2022 | £69,439 | £70,000 | 18 - 20 KENNINGTON ROAD |
| 14 Jun 2022 | £20,287 | £20,000 | 6 - 8 KENNINGTON ROAD |
| 29 Sep 2021 | £235,723 | £218,750 | APARTMENT 9 129 LAMBETH ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Oct 2019. Using an estimated price of £377,639 means this house is valued at £5,473 per sq meter (£508 per sq foot).
The average size of a house on HERCULES ROAD is 65 sq meters (701 sq feet).