£411,049
This estimated value is based upon the latest sale price for the house of £373,000 on 27 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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179 Kennington Lane, London, SE11 4EZ
Phone: 02030074597
Price Paid | Date |
---|---|
£373,000 | 27 Oct 2021 |
£346,000 | 5 Dec 2014 |
£115,000 | 20 Dec 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £373,000 results in an estimated price of approximately £411,049.
27 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.0 | 10.201 % | £373,000 | £38,049 | £411,049 |
The Postcode Pricing Model uses changes in average sales price within the SE11 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 | -54.563 % | £-203,519 | £169,480 |
3 Month Average | -17.021 % | £-63,490 | £309,509 |
6 Month Average | -10.158 % | £-37,890 | £335,109 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £400,936 | £395,000 | 23 CORNWALL SQUARE |
20 Sep 2023 | £611,823 | £604,000 | FLAT 14 TAMAR HOUSE KENNINGTON LANE |
7 Sep 2023 | £1,357,355 | £1,340,000 | 50 CLEAVER SQUARE |
14 Jul 2023 | £684,209 | £675,000 | 115A KENNINGTON LANE |
23 Jun 2023 | £1,407,044 | £1,390,000 | 31 CLEAVER SQUARE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 22 Sep 2014. Using an estimated price of £412,716 means this house is valued at £6,349 per sq meter (£589 per sq foot).
The average size of a house on KENNINGS WAY is 94 sq meters (1,017 sq feet).