£2,256,616
This estimated value is based upon the latest sale price for the house of £1,703,614 on 4 Oct 2016. 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 Cornwallis Road
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14 Major Draper Street, Royal Arsenal, London, SE18 6GD
Phone: 02036414934
| Price Paid | Date |
|---|---|
| £1,703,614 | 4 Oct 2016 |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 October 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £1,703,614 results in an estimated price of approximately £2,256,616.
| 4 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £1,703,614 | £553,002 | £2,256,616 |
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 | 12.559 % | £213,955 | £1,917,569 |
| 3 Month Average | 9.189 % | £156,538 | £1,860,152 |
| 6 Month Average | 4.448 % | £75,768 | £1,779,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £378,089 | £373,000 | 49 IMPERIAL BUILDING, 2 DUKE OF WELLINGTON AVENUE |
| 16 Nov 2022 | £563,178 | £570,000 | 2 IMPERIAL BUILDING, 2 DUKE OF WELLINGTON AVENUE |
| 15 Jul 2022 | £381,026 | £380,000 | 46 IMPERIAL BUILDING, 2 DUKE OF WELLINGTON AVENUE |
| 24 Jun 2022 | £507,167 | £500,000 | 7 IMPERIAL BUILDING, 2 DUKE OF WELLINGTON AVENUE |
| 21 Mar 2022 | £544,038 | £525,000 | 87 IMPERIAL BUILDING, 2 DUKE OF WELLINGTON AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 11 Dec 2015. Using an estimated price of £2,256,616 means this house is valued at £23,506 per sq meter (£2,183 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 |
|---|---|---|---|
| Jan 2024 | Drugs | Offender given a caution | On or near Cornwallis Road |
| Jan 2024 | Burglary | Under investigation | On or near Cornwallis Road |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Other theft | Under investigation | On or near Parking Area |
| Jan 2024 | Burglary | Under investigation | On or near Duke Of Wellington Avenue |