£479,808
This estimated value is based upon the latest sale price for the house of £303,000 on 14 Feb 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 |
|---|---|
| £303,000 | 14 Feb 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £303,000 results in an estimated price of approximately £479,808.
| 14 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £303,000 | £176,808 | £479,808 |
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 | 36.800 % | £111,505 | £414,505 |
| 3 Month Average | 63.560 % | £192,588 | £495,588 |
| 6 Month Average | 57.666 % | £174,728 | £477,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £425,150 | £420,000 | FLAT 15 VENICE CORTE, 2 ELMIRA STREET |
| 6 Apr 2023 | £323,483 | £320,000 | FLAT 50 VENICE CORTE, 2 ELMIRA STREET |
| 26 Feb 2021 | £446,141 | £393,000 | FLAT 16 VENICE CORTE, 2 ELMIRA STREET |
| 23 Oct 2020 | £480,964 | £410,000 | FLAT 32 VENICE CORTE, 2 ELMIRA STREET |
| 28 Feb 2020 | £513,866 | £420,000 | FLAT 22 SIENNA ALTO, 2 CORNMILL LANE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 31 Dec 2013. Using an estimated price of £479,808 means this house is valued at £8,417 per sq meter (£782 per sq foot).
The average size of a house on CORNMILL LANE is 56 sq meters (610 sq feet).