£265,009
This estimated value is based upon the latest sale price for the house of £157,000 on 28 Feb 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Minard Road, SE6 1NP
Phone: 02081155937
| Price Paid | Date |
|---|---|
| £157,000 | 28 Feb 2013 |
| £125,000 | 7 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 680 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 February 2013 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £157,000 results in an estimated price of approximately £265,009.
| 28 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £157,000 | £108,009 | £265,009 |
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 | 31.171 % | £48,938 | £205,938 |
| 3 Month Average | 54.313 % | £85,271 | £242,271 |
| 6 Month Average | 59.944 % | £94,112 | £251,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £282,178 | £278,000 | FLAT 3 16 TORRIDON ROAD |
| 1 Nov 2023 | £258,832 | £255,000 | FLAT C 5 TORRIDON ROAD |
| 18 Aug 2023 | £418,663 | £415,000 | FLAT 1 12 TORRIDON ROAD |
| 27 Jul 2023 | £1,155,553 | £1,140,000 | 6 ARDGOWAN ROAD |
| 4 Apr 2023 | £358,864 | £355,000 | FLAT 2 24C MINARD ROAD |
This house has a floor area of 63 sq meters or 680 sq feet when measured on 23 Mar 2012. Using an estimated price of £265,009 means this house is valued at £4,192 per sq meter (£389 per sq foot).
The average size of a house on ARDGOWAN ROAD is 108 sq meters (1,164 sq feet).