£497,997
This estimated value is based upon the latest sale price for the house of £302,940 on 24 Sep 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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43 Loampit Vale, Lewisham, SE13 7FT
Phone: 02080336024
| Price Paid | Date |
|---|---|
| £302,940 | 24 Sep 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 September 2013 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £302,940 results in an estimated price of approximately £497,997.
| 24 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £302,940 | £195,057 | £497,997 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 2.424 % | £7,343 | £310,283 |
| 3 Month Average | 54.657 % | £165,578 | £468,518 |
| 6 Month Average | 64.889 % | £196,576 | £499,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £411,086 | £405,000 | FLAT 218 SIENNA ALTO, 2 CORNMILL LANE |
| 18 Sep 2023 | £415,310 | £410,000 | FLAT 152 SIENNA ALTO, 2 CORNMILL LANE |
| 4 Aug 2023 | £393,442 | £390,000 | FLAT 143 VENICE CORTE, 2 ELMIRA STREET |
| 13 Apr 2022 | £264,658 | £257,000 | FLAT 127 VENICE CORTE, 2 ELMIRA STREET |
| 31 Mar 2021 | £436,339 | £392,000 | FLAT 200 SIENNA ALTO, 2 CORNMILL LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 8 May 2013. Using an estimated price of £497,997 means this house is valued at £8,299 per sq meter (£771 per sq foot).
The average size of a house on CORNMILL LANE is 56 sq meters (610 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near Cornmill Lane |
| Apr 2024 | Bicycle theft | Under investigation | On or near Cornmill Lane |
| Apr 2024 | Bicycle theft | Under investigation | On or near Cornmill Lane |
| Apr 2024 | Bicycle theft | Under investigation | On or near Cornmill Lane |
| Apr 2024 | Other theft | Under investigation | On or near Cornmill Lane |