£431,723
This estimated value is based upon the latest sale price for the house of £400,000 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Christchurch Way
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53 Banning Street, London, SE10 0NZ
Phone: 02045161607
Price Paid | Date |
---|---|
£400,000 | 3 Dec 2021 |
£415,000 | 26 Mar 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £400,000 results in an estimated price of approximately £431,723.
3 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £400,000 | £31,723 | £431,723 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | -37.586 % | £-150,345 | £249,654 |
3 Month Average | -1.028 % | £-4,113 | £395,886 |
6 Month Average | -4.863 % | £-19,450 | £380,549 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £492,568 | £485,000 | FLAT 507 GOOCH HOUSE, 2 TELCON WAY |
9 Aug 2023 | £417,531 | £410,000 | FLAT 704 GOOCH HOUSE, 2 TELCON WAY |
27 Jun 2022 | £383,191 | £375,000 | FLAT 404 GOOCH HOUSE, 2 TELCON WAY |
31 May 2022 | £410,700 | £400,000 | FLAT 402 GOOCH HOUSE, 2 TELCON WAY |
14 Apr 2022 | £409,782 | £395,000 | FLAT 1602 GOOCH HOUSE, 2 TELCON WAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 15 Mar 2018. Using an estimated price of £431,723 means this house is valued at £7,849 per sq meter (£729 per sq foot).
The average size of a house on TELCON WAY is 65 sq meters (706 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Christchurch Way | |
Apr 2024 | Burglary | Under investigation | On or near Christchurch Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Christchurch Way |
Apr 2024 | Anti-social behaviour | On or near Christchurch Way | |
Apr 2024 | Anti-social behaviour | On or near Christchurch Way |