£742,872
This estimated value is based upon the latest sale price for the house of £726,000 on 2 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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14 The Village, London, SE7 8UD
Phone: 02080332434
Price Paid | Date |
---|---|
£726,000 | 2 Oct 2023 |
£440,000 | 4 Jun 2021 |
£230,000 | 24 Feb 2006 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £726,000 results in an estimated price of approximately £742,872.
2 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £726,000 | £16,872 | £742,872 |
The Postcode Pricing Model uses changes in average sales price within the SE7 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 | 26.759 % | £194,273 | £920,273 |
3 Month Average | -14.653 % | £-106,380 | £619,619 |
6 Month Average | -10.032 % | £-72,829 | £653,170 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 May 2024 | £475,000 | £475,000 | 210 CHARLTON LANE |
1 Dec 2023 | £314,669 | £305,000 | FLAT 7 MULBERRY CLOSE CHARLTON PARK ROAD |
2 Oct 2023 | £742,872 | £726,000 | 178 CHARLTON LANE |
1 Feb 2023 | £312,085 | £310,000 | FLAT 17 MULBERRY CLOSE CHARLTON PARK ROAD |
6 Jan 2023 | £716,916 | £715,000 | 39 FAIRFIELD GROVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 7 Nov 2016. Using an estimated price of £742,872 means this house is valued at £7,902 per sq meter (£734 per sq foot).
The average size of a house on CHARLTON LANE is 100 sq meters (1,078 sq feet).