£1,425,714
This estimated value is based upon the latest sale price for the house of £1,400,000 on 16 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Fuel Tank, 8-12 Creekside, London, SE8 3DX
Phone: 02034632607
Price Paid | Date |
---|---|
£1,400,000 | 16 Aug 2023 |
£1,080,000 | 26 Sep 2018 |
£537,500 | 25 Feb 2005 |
Semi-Detached |
Freehold |
Floor Area: 160 sq meters or 1,722 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 2023 the House Price Index for GREATER LONDON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £1,400,000 results in an estimated price of approximately £1,425,714.
16 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £1,400,000 | £25,714 | £1,425,714 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | -34.798 % | £-487,177 | £912,822 |
3 Month Average | -9.020 % | £-126,276 | £1,273,723 |
6 Month Average | -11.693 % | £-163,695 | £1,236,304 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £435,000 | £435,000 | FLAT 1 BARNSTAPLE HOUSE DEVONSHIRE DRIVE |
21 Mar 2024 | £502,724 | £495,000 | 8 CHARTER BUILDINGS CATHERINE GROVE |
5 Mar 2024 | £309,759 | £305,000 | FLAT 13 PLYMOUTH HOUSE DEVONSHIRE DRIVE |
20 Oct 2023 | £1,330,212 | £1,300,000 | 25 EGERTON DRIVE |
16 Aug 2023 | £1,425,714 | £1,400,000 | 9 EGERTON DRIVE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 15 Nov 2017. Using an estimated price of £1,425,714 means this house is valued at £8,910 per sq meter (£827 per sq foot).
The average size of a house on EGERTON DRIVE is 176 sq meters (1,902 sq feet).