£468,433
This estimated value is based upon the latest sale price for the house of £376,000 on 8 Apr 2019. 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 |
|---|---|
| £376,000 | 8 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £376,000 results in an estimated price of approximately £468,433.
| 8 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £376,000 | £92,433 | £468,433 |
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 | 5.360 % | £20,154 | £396,154 |
| 3 Month Average | 2.346 % | £8,822 | £384,822 |
| 6 Month Average | -4.259 % | £-16,012 | £359,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £425,000 | £425,000 | FLAT 201 JOYNES HOUSE, 700 WOOLWICH ROAD |
| 14 May 2024 | £425,000 | £425,000 | FLAT 204 JOYNES HOUSE, 700 WOOLWICH ROAD |
| 21 Jun 2023 | £653,088 | £640,000 | 9 WOODLAND TERRACE |
| 18 Apr 2023 | £224,193 | £220,000 | 28B WOODLAND TERRACE |
| 6 Apr 2023 | £433,101 | £425,000 | FLAT 104 JOYNES HOUSE, 700 WOOLWICH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Jun 2012. Using an estimated price of £468,433 means this house is valued at £5,384 per sq meter (£500 per sq foot).
The average size of a house on CLEVELEY CLOSE is 85 sq meters (921 sq feet).