£611,013
This estimated value is based upon the latest sale price for the house of £457,500 on 15 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 - 42 Decima Street, London, SE1 4QQ
Phone: 02035422710
Price Paid | Date |
---|---|
£457,500 | 15 Jun 2016 |
£370,000 | 16 Feb 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £457,500 results in an estimated price of approximately £611,013.
15 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £457,500 | £153,513 | £611,013 |
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 | -16.644 % | £-76,147 | £381,352 |
3 Month Average | -22.629 % | £-103,528 | £353,971 |
6 Month Average | -19.609 % | £-89,711 | £367,788 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £380,635 | £375,000 | FLAT 32 SHALFORD HOUSE LAW STREET |
21 Aug 2023 | £575,031 | £570,000 | 29 POTIER STREET |
14 Feb 2023 | £479,677 | £480,000 | 36 POTIER STREET |
4 Mar 2022 | £595,851 | £575,000 | 15 POTIER STREET |
20 Jan 2022 | £547,252 | £520,000 | 40 POTIER STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 16 Aug 2020. Using an estimated price of £611,014 means this house is valued at £11,750 per sq meter (£1,091 per sq foot).
The average size of a house on LAW STREET is 63 sq meters (683 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Law Street |
Apr 2024 | Drugs | Under investigation | On or near Law Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Law Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Law Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Law Street |