£432,308
This estimated value is based upon the latest sale price for the house of £135,000 on 2 Nov 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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247 Lewisham Way, London, SE4 1XF
Phone: 02081280173
| Price Paid | Date |
|---|---|
| £135,000 | 2 Nov 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 November 2001 the House Price Index for GREATER LONDON was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £135,000 results in an estimated price of approximately £432,308.
| 2 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £135,000 | £297,308 | £432,308 |
The Postcode Pricing Model uses changes in average sales price within the SE14 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 | 40.322 % | £54,434 | £189,434 |
| 3 Month Average | 177.848 % | £240,094 | £375,094 |
| 6 Month Average | 199.841 % | £269,784 | £404,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £606,479 | £597,500 | 2D FLORENCE ROAD |
| 29 Sep 2023 | £455,828 | £450,000 | 7 HESTON STREET |
| 28 Nov 2022 | £363,102 | £367,500 | 3B FLORENCE ROAD |
| 19 Aug 2022 | £695,328 | £697,200 | 8 FLORENCE ROAD |
| 25 Mar 2022 | £989,630 | £955,000 | 12 FLORENCE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 6 Mar 2014. Using an estimated price of £432,308 means this house is valued at £5,272 per sq meter (£489 per sq foot).
The average size of a house on FLORENCE TERRACE is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Florence Road |