£251,497
This estimated value is based upon the latest sale price for the house of £145,500 on 12 Aug 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Access Storage Building, Bugsby's Way, London, SE7 7SJ
Phone: 02080227961
Price Paid | Date |
---|---|
£145,500 | 12 Aug 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 530 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 August 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £145,500 results in an estimated price of approximately £251,497.
12 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.850 % | £145,500 | £105,997 | £251,497 |
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 | 126.614 % | £184,222 | £329,722 |
3 Month Average | 43.959 % | £63,959 | £209,459 |
6 Month Average | 64.371 % | £93,659 | £239,159 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Mar 2023 | £378,567 | £375,000 | 24A FAIRTHORN ROAD |
26 Aug 2022 | £10,073 | £10,100 | 20 FAIRTHORN ROAD |
31 May 2022 | £626,811 | £615,000 | 5 RAINTON ROAD |
18 May 2022 | £571,315 | £560,550 | 9 FAIRTHORN ROAD |
14 Dec 2021 | £594,614 | £555,000 | 34 FAIRTHORN ROAD |
This house has a floor area of 49 sq meters or 530 sq feet when measured on 7 May 2011. Using an estimated price of £251,497 means this house is valued at £5,099 per sq meter (£473 per sq foot).
The average size of a house on GURDON ROAD is 74 sq meters (804 sq feet).