£388,408
This estimated value is based upon the latest sale price for the house of £118,500 on 14 Sep 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
Minard Road, SE6 1NP
Phone: 02081155937
| Price Paid | Date |
|---|---|
| £118,500 | 14 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 September 2001 the House Price Index for GREATER LONDON was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £118,500 results in an estimated price of approximately £388,408.
| 14 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £118,500 | £269,908 | £388,408 |
The Postcode Pricing Model uses changes in average sales price within the SE6 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 | 160.463 % | £190,148 | £308,648 |
| 3 Month Average | 194.582 % | £230,580 | £349,080 |
| 6 Month Average | 208.038 % | £246,525 | £365,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £912,278 | £900,000 | 142 WELLMEADOW ROAD |
| 12 Jul 2023 | £238,206 | £235,000 | 179B BROADFIELD ROAD |
| 23 Feb 2023 | £719,516 | £720,000 | 153 WELLMEADOW ROAD |
| 28 Jun 2022 | £360,089 | £355,000 | 183B BROADFIELD ROAD |
| 30 Jun 2021 | £410,394 | £382,500 | 48C BROADFIELD ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 12 Nov 2012. Using an estimated price of £388,408 means this house is valued at £5,548 per sq meter (£515 per sq foot).
The average size of a house on WELLMEADOW ROAD is 110 sq meters (1,184 sq feet).