£505,119
This estimated value is based upon the latest sale price for the house of £500,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Cornwallis Road
More crime details
Get our free house price tracker.
14 Major Draper Street, Royal Arsenal, London, SE18 6GD
Phone: 02036414934
Price Paid | Date |
---|---|
£500,000 | 24 Jun 2022 |
£500,000 | 24 Jun 2022 |
£499,000 | 4 Dec 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 76 sq meters or 818 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 June 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £500,000 results in an estimated price of approximately £505,119.
24 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.0 | 1.024 % | £500,000 | £5,119 | £505,119 |
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 | 4.668 % | £23,337 | £523,337 |
3 Month Average | 0.010 % | £52 | £500,052 |
6 Month Average | 5.428 % | £27,138 | £527,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jul 2023 | £376,562 | £373,000 | 49 IMPERIAL BUILDING, 2 DUKE OF WELLINGTON AVENUE |
16 Nov 2022 | £560,904 | £570,000 | 2 IMPERIAL BUILDING, 2 DUKE OF WELLINGTON AVENUE |
15 Jul 2022 | £379,487 | £380,000 | 46 IMPERIAL BUILDING, 2 DUKE OF WELLINGTON AVENUE |
24 Jun 2022 | £505,119 | £500,000 | 7 IMPERIAL BUILDING, 2 DUKE OF WELLINGTON AVENUE |
21 Mar 2022 | £541,841 | £525,000 | 87 IMPERIAL BUILDING, 2 DUKE OF WELLINGTON AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 13 Oct 2015. Using an estimated price of £505,119 means this house is valued at £6,646 per sq meter (£617 per sq foot).
The average size of a house on DUKE OF WELLINGTON AVENUE is 66 sq meters (720 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near Cornwallis Road |
Feb 2024 | Burglary | Under investigation | On or near Cornwallis Road |
Jan 2024 | Drugs | Offender given a caution | On or near Cornwallis Road |
Jan 2024 | Burglary | Under investigation | On or near Cornwallis Road |
Apr 2024 | Burglary | Under investigation | On or near Parking Area |