£664,818
This estimated value is based upon the latest sale price for the house of £430,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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43 Loampit Vale, Lewisham, SE13 7FT
Phone: 02080336024
| Price Paid | Date |
|---|---|
| £430,000 | 30 May 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £430,000 results in an estimated price of approximately £664,818.
| 30 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £430,000 | £234,818 | £664,818 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 7.677 % | £33,009 | £463,009 |
| 3 Month Average | 51.525 % | £221,556 | £651,556 |
| 6 Month Average | 45.491 % | £195,610 | £625,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2020 | £513,866 | £420,000 | FLAT 22 SIENNA ALTO, 2 CORNMILL LANE |
| 18 Feb 2020 | £385,399 | £315,000 | FLAT 5 SIENNA ALTO, 2 CORNMILL LANE |
| 8 Nov 2019 | £543,315 | £443,000 | FLAT 108 SIENNA ALTO, 2 CORNMILL LANE |
| 11 Sep 2019 | £478,516 | £390,000 | FLAT 85 VENICE CORTE, 2 ELMIRA STREET |
| 16 Aug 2019 | £479,920 | £390,000 | FLAT 84 VENICE CORTE, 2 ELMIRA STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 Mar 2021. Using an estimated price of £664,818 means this house is valued at £9,497 per sq meter (£882 per sq foot).
The average size of a house on CORNMILL LANE is 56 sq meters (610 sq feet).