£942,066
This estimated value is based upon the latest sale price for the house of £715,000 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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169 New Kent Road, London, SE1 4AG
Phone: 02080220747
Price Paid | Date |
---|---|
£715,000 | 18 Nov 2016 |
£450,000 | 14 Dec 2010 |
£213,702 | 20 Dec 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 755 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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £715,000 results in an estimated price of approximately £942,066.
18 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £715,000 | £227,066 | £942,066 |
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 | -22.588 % | £-161,506 | £553,493 |
3 Month Average | -13.596 % | £-97,209 | £617,790 |
6 Month Average | -0.533 % | £-3,807 | £711,192 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £668,548 | £660,000 | FLAT 29 BENTHAM HOUSE, 7 FALMOUTH ROAD |
1 Sep 2023 | £774,908 | £765,000 | FLAT 28 RUSSELL LODGE, 22 SPURGEON STREET |
28 Jul 2023 | £638,595 | £630,000 | FLAT 20 BENTHAM HOUSE, 5 FALMOUTH ROAD |
9 Sep 2022 | £709,272 | £715,000 | FLAT 30 RUSSELL LODGE, 22 SPURGEON STREET |
7 Apr 2022 | £463,410 | £450,000 | FLAT 6 THE ASPECT, 67 DEVERELL STREET |
This house has a floor area of 70 sq meters or 755 sq feet when measured on 13 Oct 2010. Using an estimated price of £942,067 means this house is valued at £13,419 per sq meter (£1,246 per sq foot).
The average size of a house on ALDERNEY MEWS is 84 sq meters (904 sq feet).