£882,370
This estimated value is based upon the latest sale price for the house of £585,000 on 12 Nov 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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179 Kennington Lane, London, SE11 4EZ
Phone: 02030074597
Price Paid | Date |
---|---|
£585,000 | 12 Nov 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £585,000 results in an estimated price of approximately £882,370.
12 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £585,000 | £297,370 | £882,370 |
The Postcode Pricing Model uses changes in average sales price within the SE11 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 | 28.251 % | £165,266 | £750,266 |
3 Month Average | 7.994 % | £46,766 | £631,766 |
6 Month Average | 5.241 % | £30,661 | £615,661 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £461,737 | £451,250 | FLAT 19 VANTREY HOUSE MARYLEE WAY |
16 Jan 2023 | £280,750 | £280,000 | FLAT 37 ELKINGTON POINT LOLLARD STREET |
6 Sep 2022 | £2,498,331 | £2,500,000 | ASSEMBLY HALL LILLIAN BAYLIS SCHOOL LOLLARD STREET |
14 Jul 2022 | £616,174 | £610,000 | 96A LOLLARD STREET |
28 Apr 2022 | £394,220 | £380,000 | FLAT 64 TOMKYNS HOUSE DISTIN STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 14 Oct 2014. Using an estimated price of £882,370 means this house is valued at £13,369 per sq meter (£1,242 per sq foot).
The average size of a house on CABANEL PLACE is 84 sq meters (906 sq feet).