£506,198
This estimated value is based upon the latest sale price for the house of £325,000 on 16 May 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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63-65 Herne Hill, London, SE24 9NE
Phone: 02081152314
Price Paid | Date |
---|---|
£325,000 | 16 May 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £325,000 results in an estimated price of approximately £506,198.
16 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £325,000 | £181,198 | £506,198 |
The Postcode Pricing Model uses changes in average sales price within the SE24 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 | 31.252 % | £101,570 | £426,570 |
3 Month Average | 45.274 % | £147,141 | £472,141 |
6 Month Average | 32.562 % | £105,825 | £430,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £740,000 | £740,000 | 116 CASINO AVENUE |
15 Mar 2024 | £758,656 | £747,000 | FLAT 1 17 ELMWOOD ROAD |
20 Dec 2023 | £464,266 | £450,000 | 16A ELMWOOD ROAD |
27 Apr 2023 | £856,011 | £840,000 | 74 RED POST HILL |
4 Apr 2023 | £555,388 | £545,000 | 58B ELMWOOD ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 15 Dec 2021. Using an estimated price of £506,198 means this house is valued at £8,880 per sq meter (£825 per sq foot).
The average size of a house on CASINO AVENUE is 85 sq meters (922 sq feet).