£471,643
This estimated value is based upon the latest sale price for the house of £89,500 on 18 Apr 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Biscuit Factory, London, SE16 4DG
Phone: 02080330922
Price Paid | Date |
---|---|
£89,500 | 18 Apr 1997 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 1997 the House Price Index for GREATER LONDON was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £89,500 results in an estimated price of approximately £471,643.
18 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 149.7 | 426.976 % | £89,500 | £382,143 | £471,643 |
The Postcode Pricing Model uses changes in average sales price within the SE16 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 | 524.438 % | £469,372 | £558,872 |
3 Month Average | 404.026 % | £361,603 | £451,103 |
6 Month Average | 436.324 % | £390,510 | £480,010 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £665,448 | £645,000 | FLAT 8 WESLEY COURT, 82 WEBSTER ROAD |
30 Aug 2022 | £693,242 | £690,000 | 6 JOHN MCKENNA WALK |
29 Jul 2022 | £303,036 | £300,000 | 79 STORKS ROAD |
18 May 2022 | £749,527 | £730,000 | 8 COLLETT ROAD |
29 Apr 2022 | £638,014 | £615,000 | 71 STORKS ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 20 Jun 2017. Using an estimated price of £471,644 means this house is valued at £5,751 per sq meter (£534 per sq foot).
The average size of a house on WEBSTER ROAD is 70 sq meters (762 sq feet).