£491,640
This estimated value is based upon the latest sale price for the house of £297,000 on 22 Dec 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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169 New Kent Road, London, SE1 4AG
Phone: 02080220747
| Price Paid | Date |
|---|---|
| £297,000 | 22 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2006 the House Price Index for GREATER LONDON was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £297,000 results in an estimated price of approximately £491,640.
| 22 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £297,000 | £194,640 | £491,640 |
The Postcode Pricing Model uses changes in average sales price within the SE17 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 | 141.265 % | £419,556 | £716,556 |
| 3 Month Average | 82.457 % | £244,898 | £541,898 |
| 6 Month Average | 104.629 % | £310,748 | £607,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £610,685 | £600,000 | 34 CHATHAM STREET |
| 24 Nov 2023 | £345,109 | £340,000 | 14 HILLERY CLOSE |
| 6 Jul 2023 | £679,141 | £670,000 | 3 HEMP WALK |
| 23 Jun 2023 | £910,985 | £899,950 | 78A HENSHAW STREET |
| 24 Nov 2021 | £1,017,434 | £940,750 | 78B HENSHAW STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 6 Sep 2013. Using an estimated price of £491,641 means this house is valued at £5,716 per sq meter (£531 per sq foot).
The average size of a house on HEMP WALK is 96 sq meters (1,042 sq feet).