£403,649
This estimated value is based upon the latest sale price for the house of £330,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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14 Major Draper Street, Royal Arsenal, London, SE18 6GD
Phone: 02036414934
| Price Paid | Date |
|---|---|
| £330,000 | 29 May 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 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 22.318%.Applying this 22.318% change to the original purchase price of £330,000 results in an estimated price of approximately £403,649.
| 29 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £330,000 | £73,649 | £403,649 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | 10.999 % | £36,296 | £366,296 |
| 3 Month Average | 7.824 % | £25,819 | £355,819 |
| 6 Month Average | -5.492 % | £-18,122 | £311,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £284,208 | £280,000 | FLAT 151 WAREHOUSE COURT MAJOR DRAPER STREET |
| 31 Aug 2023 | £332,912 | £330,000 | FLAT 210 WAREHOUSE COURT MAJOR DRAPER STREET |
| 25 Aug 2023 | £332,912 | £330,000 | FLAT 45 WAREHOUSE COURT NO 1 STREET |
| 18 Aug 2023 | £486,254 | £482,000 | FLAT 163 WAREHOUSE COURT MAJOR DRAPER STREET |
| 16 Aug 2023 | £534,678 | £530,000 | FLAT 149 WAREHOUSE COURT MAJOR DRAPER STREET |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 18 Oct 2011. Using an estimated price of £403,650 means this house is valued at £9,173 per sq meter (£852 per sq foot).
The average size of a house on MAJOR DRAPER STREET is 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Local resolution | On or near Major Draper Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Major Draper Street |
| Jan 2024 | Anti-social behaviour | On or near Major Draper Street | |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Major Draper Street |
| Jan 2024 | Anti-social behaviour | On or near Major Draper Street |