£602,484
This estimated value is based upon the latest sale price for the house of £489,600 on 20 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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48 Thomas Street, London, SE18 6HT
Phone: 02080334255
| Price Paid | Date |
|---|---|
| £489,600 | 20 Aug 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £489,600 results in an estimated price of approximately £602,484.
| 20 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £489,600 | £112,884 | £602,484 |
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 | 3.883 % | £19,009 | £508,609 |
| 3 Month Average | 9.593 % | £46,965 | £536,565 |
| 6 Month Average | -5.320 % | £-26,046 | £463,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2020 | £680,388 | £580,000 | FLAT 1005 JUDDE HOUSE DUKE OF WELLINGTON AVENUE |
| 12 Aug 2020 | £689,463 | £575,000 | FLAT 1204 JUDDE HOUSE DUKE OF WELLINGTON AVENUE |
| 14 Jul 2020 | £725,522 | £600,000 | FLAT 1705 JUDDE HOUSE DUKE OF WELLINGTON AVENUE |
| 10 Jul 2020 | £683,199 | £565,000 | FLAT 1104 JUDDE HOUSE DUKE OF WELLINGTON AVENUE |
| 30 Jun 2020 | £653,948 | £540,000 | FLAT 905 JUDDE HOUSE DUKE OF WELLINGTON AVENUE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 7 Nov 2018. Using an estimated price of £602,485 means this house is valued at £12,049 per sq meter (£1,119 per sq foot).
The average size of a house on DUKE OF WELLINGTON AVENUE is 66 sq meters (720 sq feet).