£670,606
This estimated value is based upon the latest sale price for the house of £650,000 on 7 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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14 Major Draper Street, Royal Arsenal, London, SE18 6GD
Phone: 02036414934
| Price Paid | Date |
|---|---|
| £650,000 | 7 Dec 2023 |
| Flats/Maisonettes |
| Leasehold |
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 December 2023 the House Price Index for GREATER LONDON was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £650,000 results in an estimated price of approximately £670,606.
| 7 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £650,000 | £20,606 | £670,606 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | 25.726 % | £167,219 | £817,219 |
| 3 Month Average | 21.587 % | £140,315 | £790,315 |
| 6 Month Average | 2.758 % | £17,929 | £667,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £127,104 | £126,000 | FLAT 65 BUILDING 22 CADOGAN ROAD |
| 20 Mar 2024 | £385,929 | £380,000 | 215 EAST CARRIAGE HOUSE ROYAL CARRIAGE MEWS |
| 7 Dec 2023 | £670,606 | £650,000 | 7 EAST CARRIAGE HOUSE ROYAL CARRIAGE MEWS |
| 17 Nov 2023 | £89,779 | £87,500 | 618 EAST CARRIAGE HOUSE ROYAL CARRIAGE MEWS |
| 9 Oct 2023 | £214,880 | £210,000 | 417 EAST CARRIAGE HOUSE ROYAL CARRIAGE MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Duke Of Wellington Avenue |
| Apr 2024 | Bicycle theft | Under investigation | On or near Duke Of Wellington Avenue |