£553,727
This estimated value is based upon the latest sale price for the house of £330,000 on 17 Jun 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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229 Gipsy Road, London, SE27 9QY
Phone: 02036413997
Price Paid | Date |
---|---|
£330,000 | 17 Jun 2013 |
£249,995 | 19 May 2006 |
£155,000 | 31 Jan 2002 |
£60,000 | 6 Jun 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 102 sq meters or 1,097 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 June 2013 the House Price Index for GREATER LONDON was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £330,000 results in an estimated price of approximately £553,727.
17 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 149.7 | 67.796 % | £330,000 | £223,727 | £553,727 |
The Postcode Pricing Model uses changes in average sales price within the SE19 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 | 91.378 % | £301,548 | £631,548 |
3 Month Average | 62.464 % | £206,130 | £536,130 |
6 Month Average | 72.489 % | £239,212 | £569,212 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £637,291 | £627,500 | GROUND FLOOR FLAT 41 ALEXANDRA DRIVE |
29 Sep 2023 | £293,469 | £287,000 | FLAT 3 17 ALEXANDRA DRIVE |
30 Aug 2023 | £891,071 | £875,000 | 4 ALEXANDRA WALK |
16 Aug 2023 | £651,755 | £640,000 | 53A ALEXANDRA DRIVE |
10 Feb 2023 | £322,152 | £320,000 | 2 BRABOURNE CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 2 Oct 2012. Using an estimated price of £553,728 means this house is valued at £5,428 per sq meter (£504 per sq foot).
The average size of a house on ALEXANDRA DRIVE is 81 sq meters (878 sq feet).