£1,044,058
This estimated value is based upon the latest sale price for the house of £700,000 on 3 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Union Street, London, SE1 1SZ
Phone: 02080332617
| Price Paid | Date |
|---|---|
| £700,000 | 3 Dec 2014 |
| £145,791 | 28 Nov 2003 |
| £170,000 | 14 Feb 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 December 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £700,000 results in an estimated price of approximately £1,044,058.
| 3 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £700,000 | £344,058 | £1,044,058 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | -13.679 % | £-95,752 | £604,247 |
| 3 Month Average | 1.520 % | £10,641 | £710,641 |
| 6 Month Average | 6.252 % | £43,766 | £743,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £1,374,041 | £1,350,000 | 8 UNION STREET |
| 7 Oct 2022 | £578,768 | £585,000 | FLAT 2 MAPLE BUILDING, 128 BOROUGH HIGH STREET |
| 6 Oct 2022 | £1,929,228 | £1,950,000 | 12 - 14 PARK STREET |
| 11 May 2022 | £1,732,647 | £1,700,000 | 5 MAIDSTONE BUILDINGS MEWS |
| 31 Mar 2022 | £5,566,873 | £5,372,070 | 25 - 33 SOUTHWARK STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 16 Nov 2009. Using an estimated price of £1,044,058 means this house is valued at £15,353 per sq meter (£1,426 per sq foot).
The average size of a house on MAIDSTONE BUILDINGS MEWS is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Parking Area |
| Jan 2024 | Other theft | Under investigation | On or near Parking Area |
| Jan 2024 | Other theft | Under investigation | On or near Parking Area |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |