£582,200
This estimated value is based upon the latest sale price for the house of £415,000 on 13 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
229 Gipsy Road, London, SE27 9QY
Phone: 02036413997
| Price Paid | Date |
|---|---|
| £415,000 | 13 Nov 2015 |
| £345,000 | 18 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 November 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £415,000 results in an estimated price of approximately £582,200.
| 13 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £415,000 | £167,200 | £582,200 |
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 | 49.493 % | £205,394 | £620,394 |
| 3 Month Average | 25.055 % | £103,980 | £518,980 |
| 6 Month Average | 28.897 % | £119,920 | £534,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £501,045 | £490,000 | 21 WHITELEY ROAD |
| 21 Jun 2023 | £545,941 | £535,000 | 85 DURNING ROAD |
| 9 Jun 2023 | £387,771 | £380,000 | 55B WHITELEY ROAD |
| 7 Jun 2023 | £602,065 | £590,000 | 67 DURNING ROAD |
| 9 Sep 2022 | £449,700 | £450,000 | GROUND FLOOR FLAT 24 WHITELEY ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Dec 2015. Using an estimated price of £582,201 means this house is valued at £8,317 per sq meter (£772 per sq foot).
The average size of a house on WHITELEY ROAD is 95 sq meters (1,031 sq feet).