£385,399
This estimated value is based upon the latest sale price for the house of £315,000 on 18 Feb 2020. 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 |
---|---|
£315,000 | 18 Feb 2020 |
£181,000 | 4 Mar 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 41 sq meters or 441 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 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £315,000 results in an estimated price of approximately £385,399.
18 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £315,000 | £70,399 | £385,399 |
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 | -23.781 % | £-74,910 | £240,089 |
3 Month Average | 7.451 % | £23,471 | £338,471 |
6 Month Average | -0.529 % | £-1,665 | £313,334 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £425,150 | £420,000 | FLAT 15 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 |
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 |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 17 Dec 2013. Using an estimated price of £385,399 means this house is valued at £9,399 per sq meter (£873 per sq foot).
The average size of a house on CORNMILL LANE is 56 sq meters (610 sq feet).