£391,885
This estimated value is based upon the latest sale price for the house of £213,446 on 27 Oct 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Gunnery House, 9 Gunnery Terrace, Woolwich, London, SE18 6SW
Phone: 02036412410
Price Paid | Date |
---|---|
£213,446 | 27 Oct 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £213,446 results in an estimated price of approximately £391,885.
27 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.599 % | £213,446 | £178,439 | £391,885 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | 118.571 % | £253,085 | £466,531 |
3 Month Average | 143.316 % | £305,901 | £519,347 |
6 Month Average | 114.237 % | £243,834 | £457,280 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £410,418 | £400,000 | APARTMENT 321 BUILDING 50 ARGYLL ROAD |
10 Nov 2023 | £441,199 | £430,000 | APARTMENT 155 BUILDING 50 ARGYLL ROAD |
25 Jan 2023 | £451,206 | £450,000 | APARTMENT 188 BUILDING 50 ARGYLL ROAD |
1 Sep 2022 | £589,606 | £590,000 | APARTMENT 318 BUILDING 50 ARGYLL ROAD |
24 Aug 2022 | £434,532 | £432,500 | APARTMENT 175 BUILDING 50 ARGYLL ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 19 Jan 2019. Using an estimated price of £391,886 means this house is valued at £5,937 per sq meter (£551 per sq foot).
The average size of a house on ARGYLL ROAD is 70 sq meters (763 sq feet).