£119,733
This estimated value is based upon the latest sale price for the house of £68,750 on 31 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Building 46, Marlbourgh Road, SE18 6TA
Phone: 02036414062
Price Paid | Date |
---|---|
£68,750 | 31 Oct 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 541 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £68,750 results in an estimated price of approximately £119,733.
31 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.158 % | £68,750 | £50,983 | £119,733 |
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 | 117.834 % | £81,010 | £149,760 |
3 Month Average | 129.460 % | £89,003 | £157,753 |
6 Month Average | 109.564 % | £75,325 | £144,075 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £441,199 | £430,000 | APARTMENT 155 BUILDING 50 ARGYLL ROAD |
29 Sep 2023 | £409,016 | £400,000 | APARTMENT 132 BUILDING 50 ARGYLL ROAD |
20 Jun 2023 | £215,315 | £211,000 | APARTMENT 103 BUILDING 50 ARGYLL ROAD |
24 Mar 2023 | £457,643 | £450,000 | APARTMENT 69 BUILDING 50 ARGYLL ROAD |
25 Jan 2023 | £451,206 | £450,000 | APARTMENT 188 BUILDING 50 ARGYLL ROAD |
This house has a floor area of 50 sq meters or 541 sq feet when measured on 17 Dec 2010. Using an estimated price of £119,734 means this house is valued at £2,381 per sq meter (£221 per sq foot).
The average size of a house on ARGYLL ROAD is 70 sq meters (763 sq feet).