£575,365
This estimated value is based upon the latest sale price for the house of £379,950 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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218-220 Rye Lane, London, SE15 4NL
Phone: 02036413756
Price Paid | Date |
---|---|
£379,950 | 22 Aug 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £379,950 results in an estimated price of approximately £575,365.
22 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £379,950 | £195,415 | £575,365 |
The Postcode Pricing Model uses changes in average sales price within the SE15 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 | -14.945 % | £-56,785 | £323,164 |
3 Month Average | 49.351 % | £187,508 | £567,458 |
6 Month Average | 45.464 % | £172,739 | £552,689 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £493,637 | £485,000 | FLAT 4 18 GORDON ROAD |
30 Aug 2023 | £359,142 | £356,000 | 33 MAGDALENE CLOSE |
20 Jul 2023 | £385,184 | £380,000 | FLAT B 25 GORDON ROAD |
26 Jun 2023 | £986,955 | £975,000 | 6 GODMAN ROAD |
12 Jun 2023 | £292,291 | £288,750 | FLAT C 25 GORDON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 3 Dec 2020. Using an estimated price of £575,365 means this house is valued at £8,461 per sq meter (£786 per sq foot).
The average size of a house on CONSORT ROAD is 83 sq meters (894 sq feet).