£811,363
This estimated value is based upon the latest sale price for the house of £650,000 on 9 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Loampit Vale, London, SE13 7FR
Phone: 02080221824
| Price Paid | Date |
|---|---|
| £650,000 | 9 Apr 2018 |
| £270,000 | 29 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £650,000 results in an estimated price of approximately £811,363.
| 9 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £650,000 | £161,363 | £811,363 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | -31.645 % | £-205,694 | £444,305 |
| 3 Month Average | 9.224 % | £59,958 | £709,958 |
| 6 Month Average | 17.102 % | £111,161 | £761,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £732,500 | £732,500 | 158 ALGERNON ROAD |
| 15 Sep 2023 | £749,584 | £740,000 | 150 ALGERNON ROAD |
| 15 Sep 2023 | £1,002,822 | £990,000 | 145 ALGERNON ROAD |
| 5 Jun 2023 | £582,050 | £575,000 | 25 MARSALA ROAD |
| 29 Sep 2022 | £3,221,981 | £3,248,000 | AXION HOUSE, 1 SILVER ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 3 Jul 2017. Using an estimated price of £811,364 means this house is valued at £6,596 per sq meter (£612 per sq foot).
The average size of a house on MARSALA ROAD is 105 sq meters (1,138 sq feet).