£160,285
This estimated value is based upon the latest sale price for the house of £55,000 on 2 May 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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229 Gipsy Road, London, SE27 9QY
Phone: 02036413997
| Price Paid | Date |
|---|---|
| £55,000 | 2 May 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 720 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 May 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £55,000 results in an estimated price of approximately £160,285.
| 2 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £55,000 | £105,285 | £160,285 |
The Postcode Pricing Model uses changes in average sales price within the SE19 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 | 450.895 % | £247,992 | £302,992 |
| 3 Month Average | 188.193 % | £103,505 | £158,505 |
| 6 Month Average | 234.811 % | £129,146 | £184,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £588,716 | £580,000 | 49 BLOOMHALL ROAD |
| 28 Jul 2023 | £629,239 | £620,770 | 62 BLOOMHALL ROAD |
| 2 Jun 2023 | £622,541 | £615,000 | 26 DURNING ROAD |
| 4 Apr 2023 | £510,497 | £505,000 | 39 BLOOMHALL ROAD |
| 15 Jul 2022 | £559,506 | £558,000 | 27 BLOOMHALL ROAD |
This house has a floor area of 66 sq meters or 720 sq feet when measured on 15 Sep 2010. Using an estimated price of £160,285 means this house is valued at £2,395 per sq meter (£222 per sq foot).
The average size of a house on SALTERS HILL is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Salter'S Hill | |
| Jan 2024 | Anti-social behaviour | On or near Salter'S Hill | |
| Jan 2024 | Anti-social behaviour | On or near Salter'S Hill | |
| Dec 2023 | Anti-social behaviour | On or near Salter'S Hill | |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Salter'S Hill |