£338,786
This estimated value is based upon the latest sale price for the house of £196,000 on 17 Aug 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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15 Duke House, London, SE18 6SX
Phone: 02035512440
| Price Paid | Date |
|---|---|
| £196,000 | 17 Aug 2011 |
| £174,995 | 26 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 739 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 2011 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 72.850%.Applying this 72.850% change to the original purchase price of £196,000 results in an estimated price of approximately £338,786.
| 17 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £196,000 | £142,786 | £338,786 |
The Postcode Pricing Model uses changes in average sales price within the SE28 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 | 164.719 % | £322,848 | £518,848 |
| 3 Month Average | 100.549 % | £197,076 | £393,076 |
| 6 Month Average | 74.468 % | £145,956 | £341,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2022 | £310,242 | £314,000 | 71 PIER WAY |
| 30 Mar 2022 | £244,558 | £236,000 | 33 TIDESLEA TOWER EREBUS DRIVE |
| 30 Sep 2021 | £238,148 | £221,000 | 8 TIDESLEA TOWER EREBUS DRIVE |
| 23 Apr 2021 | £2,129,915 | £1,886,250 | 4 TIDESLEA TOWER EREBUS DRIVE |
| 23 Dec 2019 | £502,973 | £410,000 | 47 PIER WAY |
This house has a floor area of 68 sq meters or 739 sq feet when measured on 6 May 2011. Using an estimated price of £338,787 means this house is valued at £4,933 per sq meter (£458 per sq foot).
The average size of a house on PIER WAY is 57 sq meters (621 sq feet).