£901,877
This estimated value is based upon the latest sale price for the house of £860,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 3 Cedar Court, 1 Royal Oak Yard, London, SE1 3GA
Phone: 02080220299
| Price Paid | Date |
|---|---|
| £860,000 | 25 Feb 2022 |
| £890,000 | 6 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 110 sq meters or 1,184 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 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £860,000 results in an estimated price of approximately £901,877.
| 25 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £860,000 | £41,877 | £901,877 |
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 | -37.967 % | £-326,513 | £533,486 |
| 3 Month Average | -25.514 % | £-219,421 | £640,578 |
| 6 Month Average | -19.403 % | £-166,865 | £693,134 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £366,411 | £360,000 | FLAT 10 167 BERMONDSEY STREET |
| 6 Nov 2023 | £794,259 | £782,500 | 15 GALLERY APARTMENTS, 6 LAMB WALK |
| 5 Jul 2023 | £709,550 | £700,000 | FLAT 29 3 MARKET YARD MEWS |
| 31 Mar 2023 | £873,227 | £865,000 | FLAT 8 SYCAMORE COURT ROYAL OAK YARD |
| 19 May 2022 | £1,248,525 | £1,225,000 | FLAT 1 3 MARKET YARD MEWS |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 9 May 2014. Using an estimated price of £901,877 means this house is valued at £8,198 per sq meter (£761 per sq foot).
The average size of a house on ROYAL OAK YARD is 89 sq meters (961 sq feet).