£1,149,471
This estimated value is based upon the latest sale price for the house of £895,000 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Union Street, London, SE1 1SZ
Phone: 02080332617
| Price Paid | Date |
|---|---|
| £895,000 | 7 Jul 2017 |
| £230,000 | 22 Feb 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £895,000 results in an estimated price of approximately £1,149,471.
| 7 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £895,000 | £254,471 | £1,149,471 |
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 | -13.619 % | £-121,887 | £773,112 |
| 3 Month Average | -23.848 % | £-213,439 | £681,560 |
| 6 Month Average | -17.221 % | £-154,129 | £740,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £4,829,692 | £4,720,000 | TULIP HOUSE, 70 BOROUGH HIGH STREET |
| 7 Oct 2022 | £583,053 | £585,000 | FLAT 2 MAPLE BUILDING, 128 BOROUGH HIGH STREET |
| 11 May 2022 | £1,745,473 | £1,700,000 | 5 MAIDSTONE BUILDINGS MEWS |
| 31 Mar 2022 | £5,608,081 | £5,372,070 | 25 - 33 SOUTHWARK STREET |
| 12 Nov 2021 | £1,416,376 | £1,300,000 | 64 BOROUGH HIGH STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 31 Mar 2015. Using an estimated price of £1,149,472 means this house is valued at £13,365 per sq meter (£1,241 per sq foot).
The average size of a house on MAIDSTONE BUILDINGS MEWS is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Other theft | Under investigation | On or near Parking Area |
| Apr 2024 | Other theft | Under investigation | On or near Parking Area |
| Apr 2024 | Theft from the person | Under investigation | On or near Parking Area |