£405,394
This estimated value is based upon the latest sale price for the house of £113,000 on 5 Jan 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 - 42 Decima Street, London, SE1 4QQ
Phone: 02035422710
Price Paid | Date |
---|---|
£113,000 | 5 Jan 2001 |
£86,950 | 31 Mar 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 January 2001 the House Price Index for GREATER LONDON was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £113,000 results in an estimated price of approximately £405,394.
5 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.7 | 149.7 | 258.756 % | £113,000 | £292,394 | £405,394 |
The Postcode Pricing Model uses changes in average sales price within the SE5 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 | 199.911 % | £225,899 | £338,899 |
3 Month Average | 233.513 % | £263,869 | £376,869 |
6 Month Average | 239.971 % | £271,167 | £384,167 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £722,192 | £700,000 | 6 OAKLEY PLACE |
27 Oct 2023 | £315,158 | £308,000 | FLAT 20 SWANLEY HOUSE KINGLAKE ESTATE |
20 Oct 2022 | £333,885 | £335,000 | FLAT 24 RIDDELL COURT, 20 ALBANY ROAD |
23 Feb 2022 | £623,310 | £590,000 | FLAT 4 5A - 5B OAKLEY PLACE |
28 Sep 2021 | £1,411,240 | £1,300,000 | ST GEORGES METHODIST CHURCH OAKLEY PLACE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 11 May 2021. Using an estimated price of £405,394 means this house is valued at £7,648 per sq meter (£710 per sq foot).
The average size of a house on ALBANY ROAD is 69 sq meters (753 sq feet).