£385,088
This estimated value is based upon the latest sale price for the house of £283,000 on 28 Mar 2016. 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 |
|---|---|
| £283,000 | 28 Mar 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 490 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £283,000 results in an estimated price of approximately £385,088.
| 28 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £283,000 | £102,088 | £385,088 |
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 | 37.847 % | £107,106 | £390,106 |
| 3 Month Average | 28.657 % | £81,099 | £364,099 |
| 6 Month Average | 19.648 % | £55,605 | £338,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £273,401 | £265,000 | FLAT 7 OAKLEY LODGE, 326 BROWNHILL ROAD |
| 4 Apr 2023 | £361,767 | £355,000 | FLAT 2 24C MINARD ROAD |
| 29 Sep 2022 | £374,750 | £375,000 | FLAT C 312 BROWNHILL ROAD |
| 29 Sep 2022 | £374,750 | £375,000 | FLAT E 312 BROWNHILL ROAD |
| 22 Jul 2022 | £954,565 | £945,000 | 15 MINARD ROAD |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 15 Feb 2012. Using an estimated price of £385,088 means this house is valued at £8,448 per sq meter (£784 per sq foot).
The average size of a house on BROWNHILL ROAD is 71 sq meters (766 sq feet).