£431,443
This estimated value is based upon the latest sale price for the house of £277,503 on 5 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Office 5 2 2, The Leather Market, London, SE1 3ER
Phone: 02080337635
Price Paid | Date |
---|---|
£277,503 | 5 Oct 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 October 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £277,503 results in an estimated price of approximately £431,443.
5 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £277,503 | £153,940 | £431,443 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | 53.659 % | £148,906 | £426,409 |
3 Month Average | 53.196 % | £147,621 | £425,124 |
6 Month Average | 63.544 % | £176,335 | £453,838 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £291,422 | £287,500 | 1 HAMILTON SQUARE |
14 Apr 2023 | £1,061,429 | £1,050,000 | 56 GUY STREET |
15 Jun 2022 | £730,321 | £720,000 | FLAT 12 RUDYARD COURT, 127 LONG LANE |
17 May 2022 | £50,960 | £50,000 | 44 KIPLING STREET |
27 Apr 2022 | £576,687 | £560,000 | 50 KIPLING STREET |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 9 Feb 2016. Using an estimated price of £431,443 means this house is valued at £9,587 per sq meter (£890 per sq foot).
The average size of a house on KIPLING STREET is 59 sq meters (644 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Hamlet Way |