£445,161
This estimated value is based upon the latest sale price for the house of £257,500 on 5 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Merryweather Place
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The Fuel Tank, 8-12 Creekside, London, SE8 3DX
Phone: 02034632607
| Price Paid | Date |
|---|---|
| £257,500 | 5 Oct 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 523 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 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 72.878%.Applying this 72.878% change to the original purchase price of £257,500 results in an estimated price of approximately £445,161.
| 5 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £257,500 | £187,661 | £445,161 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | 42.968 % | £110,643 | £368,143 |
| 3 Month Average | 55.590 % | £143,143 | £400,643 |
| 6 Month Average | 54.370 % | £140,003 | £397,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2021 | £396,044 | £355,000 | 54 TORRENT LODGE, 11 MERRYWEATHER PLACE |
| 31 Jan 2020 | £457,393 | £375,000 | 15 TORRENT LODGE, 11 MERRYWEATHER PLACE |
| 19 Dec 2019 | £662,453 | £540,000 | 24 TORRENT LODGE, 11 MERRYWEATHER PLACE |
| 20 Nov 2019 | £650,016 | £530,000 | 58 PAXTON POINT, 3 MERRYWEATHER PLACE |
| 18 Oct 2019 | £453,740 | £370,000 | 11 TORRENT LODGE, 11 MERRYWEATHER PLACE |
This house has a floor area of 48 sq meters or 523 sq feet when measured on 12 Jan 2011. Using an estimated price of £445,162 means this house is valued at £9,159 per sq meter (£850 per sq foot).
The average size of a house on MERRYWEATHER PLACE is 64 sq meters (694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Merryweather Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Merryweather Place |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Merryweather Place |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Merryweather Place |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Merryweather Place |