£1,557,691
This estimated value is based upon the latest sale price for the house of £942,000 on 1 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Somerset Gardens
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57 Loampit Vale, London, SE13 7FR
Phone: 02080221824
| Price Paid | Date |
|---|---|
| £942,000 | 1 Aug 2013 |
| £575,000 | 1 Mar 2002 |
| £475,000 | 28 Feb 2001 |
| £340,000 | 31 Mar 2000 |
| Detached |
| Freehold |
| Floor Area: 198 sq meters or 2,131 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 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £942,000 results in an estimated price of approximately £1,557,691.
| 1 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £942,000 | £615,691 | £1,557,691 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | -7.610 % | £-71,688 | £870,311 |
| 3 Month Average | 56.091 % | £528,374 | £1,470,374 |
| 6 Month Average | 65.099 % | £613,233 | £1,555,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £304,508 | £300,000 | 10B SOMERSET GARDENS |
| 18 Aug 2023 | £726,354 | £720,000 | 1 SOMERSET GARDENS |
| 5 Apr 2023 | £348,755 | £345,000 | 21A LOAMPIT HILL |
| 24 Feb 2023 | £821,947 | £822,500 | 3 SUNNINGHILL ROAD |
| 7 Nov 2022 | £245,032 | £248,000 | FLAT 2 30 SUNNINGHILL ROAD |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 15 May 2013. Using an estimated price of £1,557,692 means this house is valued at £7,867 per sq meter (£730 per sq foot).
The average size of a house on SOMERSET GARDENS is 111 sq meters (1,197 sq feet).
This house is the largest in the street with a floor area of 198 sq meters (2,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Somerset Gardens |
| Mar 2024 | Anti-social behaviour | On or near Somerset Gardens | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Sunninghill Road |
| Feb 2024 | Burglary | Under investigation | On or near Sunninghill Road |
| Mar 2024 | Public order | Under investigation | On or near Loampit Hill |