£527,130
This estimated value is based upon the latest sale price for the house of £305,000 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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191 Kennington Lane, London, SE11 5QS
Phone: 02036419275
Price Paid | Date |
---|---|
£305,000 | 18 Dec 2009 |
£144,696 | 29 Aug 2003 |
£89,500 | 20 Jun 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 December 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £305,000 results in an estimated price of approximately £527,130.
18 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.830 % | £305,000 | £222,130 | £527,130 |
The Postcode Pricing Model uses changes in average sales price within the SE11 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 | 19.470 % | £59,384 | £364,384 |
3 Month Average | 61.148 % | £186,500 | £491,500 |
6 Month Average | 56.911 % | £173,578 | £478,578 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £496,346 | £490,000 | FLAT 34 WYNYARD HOUSE NEWBURN STREET |
11 Aug 2023 | £413,618 | £410,000 | FLAT 3 DUFFELL HOUSE LOUGHBOROUGH STREET |
20 Jul 2023 | £506,821 | £500,000 | FLAT 25 WYNYARD HOUSE NEWBURN STREET |
17 Jan 2023 | £313,523 | £315,000 | FLAT 27 DOLLAND HOUSE NEWBURN STREET |
6 Jan 2023 | £323,476 | £325,000 | FLAT 46 PELLA HOUSE ORSETT STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 21 May 2009. Using an estimated price of £527,131 means this house is valued at £8,928 per sq meter (£829 per sq foot).
The average size of a house on ORSETT STREET is 79 sq meters (852 sq feet).