£419,047
This estimated value is based upon the latest sale price for the house of £245,000 on 2 Oct 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47 Honor Oak Park, London, SE23 1EA
Phone: 02081152828
Price Paid | Date |
---|---|
£245,000 | 2 Oct 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 October 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £245,000 results in an estimated price of approximately £419,047.
2 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.040 % | £245,000 | £174,047 | £419,047 |
The Postcode Pricing Model uses changes in average sales price within the SE23 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 | 159.738 % | £391,358 | £636,358 |
3 Month Average | 100.867 % | £247,123 | £492,123 |
6 Month Average | 73.817 % | £180,850 | £425,850 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £566,478 | £557,775 | 97A BOVILL ROAD |
18 Dec 2023 | £675,765 | £655,000 | 84 BOVILL ROAD |
13 Oct 2023 | £274,536 | £268,301 | 106 BOVILL ROAD |
1 Sep 2023 | £529,676 | £518,000 | 92A BOVILL ROAD |
7 Aug 2023 | £636,480 | £625,000 | 19 EBSWORTH STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 6 Mar 2018. Using an estimated price of £419,047 means this house is valued at £6,869 per sq meter (£638 per sq foot).
The average size of a house on BOVILL ROAD is 92 sq meters (993 sq feet).