£1,866,528
This estimated value is based upon the latest sale price for the house of £1,160,000 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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247 Lewisham Way, London, SE4 1XF
Phone: 02081280173
| Price Paid | Date |
|---|---|
| £1,160,000 | 24 Jan 2014 |
| £710,000 | 8 Dec 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 194 sq meters or 2,088 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £1,160,000 results in an estimated price of approximately £1,866,528.
| 24 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £1,160,000 | £706,528 | £1,866,528 |
The Postcode Pricing Model uses changes in average sales price within the SE4 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 | 83.023 % | £963,063 | £2,123,063 |
| 3 Month Average | 59.457 % | £689,706 | £1,849,706 |
| 6 Month Average | 55.994 % | £649,532 | £1,809,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Mar 2023 | £700,193 | £688,500 | 15C TRESSILLIAN ROAD |
| 26 Jan 2023 | £591,581 | £590,000 | 39D TRESSILLIAN ROAD |
| 2 Sep 2022 | £2,138,571 | £2,140,000 | 54 TRESSILLIAN ROAD |
| 11 Aug 2022 | £2,160,101 | £2,150,000 | 50 TRESSILLIAN ROAD |
| 14 Apr 2022 | £409,782 | £395,000 | 15B TRESSILLIAN ROAD |
This house has a floor area of 194 sq meters or 2,088 sq feet when measured on 14 Nov 2016. Using an estimated price of £1,866,529 means this house is valued at £9,621 per sq meter (£893 per sq foot).
The average size of a house on AVON ROAD is 238 sq meters (2,565 sq feet).