£771,930
This estimated value is based upon the latest sale price for the house of £525,000 on 26 May 2015. 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 |
---|---|
£525,000 | 26 May 2015 |
£207,000 | 29 Jun 2000 |
£87,950 | 19 Jul 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 91 sq meters or 979 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 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £525,000 results in an estimated price of approximately £771,930.
26 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 149.7 | 47.034 % | £525,000 | £246,930 | £771,930 |
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 | -15.480 % | £-81,270 | £443,729 |
3 Month Average | 24.330 % | £127,730 | £652,730 |
6 Month Average | 17.354 % | £91,109 | £616,109 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £435,000 | £435,000 | FLAT 1 BARNSTAPLE HOUSE DEVONSHIRE DRIVE |
3 Apr 2024 | £1,215,556 | £1,205,000 | 19 CHARTER BUILDINGS CATHERINE GROVE |
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 |
3 Nov 2023 | £1,138,910 | £1,110,000 | 68 GREENWICH HIGH ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 27 Nov 2020. Using an estimated price of £771,931 means this house is valued at £8,482 per sq meter (£788 per sq foot).
The average size of a house on CATHERINE GROVE is 93 sq meters (1,009 sq feet).