£349,941
This estimated value is based upon the latest sale price for the house of £75,000 on 14 Aug 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit D229 Parkhall Business Centre 40 Martell Road, London, SE21 8EN
Phone: 02036416610
| Price Paid | Date |
|---|---|
| £75,000 | 14 Aug 1998 |
| £44,000 | 1 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
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 1998 the House Price Index for GREATER LONDON was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £75,000 results in an estimated price of approximately £349,941.
| 14 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 366.588 % | £75,000 | £274,941 | £349,941 |
The Postcode Pricing Model uses changes in average sales price within the SE21 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 | 760.057 % | £570,042 | £645,042 |
| 3 Month Average | 348.797 % | £261,597 | £336,597 |
| 6 Month Average | 389.266 % | £291,949 | £366,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £356,233 | £350,000 | FLAT 6 SOUTHWELL COURT, 29 ROSENDALE ROAD |
| 25 Aug 2023 | £378,310 | £375,000 | FLAT 6 DELACOURT MANSIONS, 31 ROSENDALE ROAD |
| 17 Feb 2023 | £404,728 | £405,000 | FLAT 8 WYKEHAM MANSIONS, 35 ROSENDALE ROAD |
| 1 Jul 2022 | £519,398 | £518,000 | FLAT 17 RAISBECK COURT, 30 ROSENDALE ROAD |
| 4 Mar 2022 | £1,150,251 | £1,110,000 | 4 ROSENDALE ROAD |