£515,628
This estimated value is based upon the latest sale price for the house of £270,000 on 24 Sep 2004. 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 Southern Way
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Unit 6 128 Metcalfe Court, West Parkside, London, SE10 0EL
Phone: 02034782978
Price Paid | Date |
---|---|
£270,000 | 24 Sep 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 882 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 September 2004 the House Price Index for GREATER LONDON was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £270,000 results in an estimated price of approximately £515,628.
24 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.8 | 148.6 | 90.974 % | £270,000 | £245,628 | £515,628 |
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 | 58.034 % | £156,691 | £426,691 |
3 Month Average | 101.590 % | £274,293 | £544,293 |
6 Month Average | 92.999 % | £251,098 | £521,098 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £441,346 | £436,000 | FLAT 73 FARNSWORTH COURT WEST PARKSIDE |
18 Dec 2020 | £183,634 | £160,000 | FLAT 66 KILBY COURT SOUTHERN WAY |
1 Nov 2019 | £288,215 | £235,000 | FLAT 72 FARNSWORTH COURT WEST PARKSIDE |
24 May 2019 | £430,176 | £348,000 | FLAT 38 FARNSWORTH COURT WEST PARKSIDE |
6 Mar 2019 | £184,073 | £149,000 | 42 KILBY COURT |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 29 Mar 2019. Using an estimated price of £515,629 means this house is valued at £6,288 per sq meter (£584 per sq foot).
The average size of a house on SOUTHERN WAY is 63 sq meters (684 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Southern Way |
Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Southern Way |
Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Southern Way |
Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Southern Way |
Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Southern Way |