£251,646
This estimated value is based upon the latest sale price for the house of £49,950 on 22 Aug 1997. 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 |
|---|---|
| £49,950 | 22 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 890 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 1997 the House Price Index for GREATER LONDON was 29.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 403.797%.Applying this 403.797% change to the original purchase price of £49,950 results in an estimated price of approximately £251,646.
| 22 Aug 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 148.6 | 403.797 % | £49,950 | £201,696 | £251,646 |
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 | 682.253 % | £340,785 | £390,735 |
| 3 Month Average | 410.379 % | £204,984 | £254,934 |
| 6 Month Average | 476.607 % | £238,065 | £288,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £570,445 | £562,000 | 26 PHELP STREET |
| 16 Nov 2022 | £474,255 | £480,000 | 5 ST. MATTHEWS HOUSE PHELP STREET |
| 11 Feb 2022 | £308,316 | £294,000 | 18 ST. MATTHEWS HOUSE PHELP STREET |
| 4 Feb 2022 | £597,756 | £570,000 | 13 PHELP STREET |
| 17 Sep 2021 | £706,901 | £656,000 | 270 MERROW STREET |
This house has a floor area of 82 sq meters or 890 sq feet when measured on 21 Feb 2011. Using an estimated price of £251,647 means this house is valued at £3,042 per sq meter (£282 per sq foot).
The average size of a house on HOPWOOD ROAD is 116 sq meters (1,251 sq feet).