£407,486
This estimated value is based upon the latest sale price for the house of £237,500 on 24 Aug 2012. 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 Cornmill Lane
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43 Loampit Vale, Lewisham, SE13 7FT
Phone: 02080336024
| Price Paid | Date |
|---|---|
| £237,500 | 24 Aug 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £237,500 results in an estimated price of approximately £407,486.
| 24 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £237,500 | £169,986 | £407,486 |
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 | 74.602 % | £177,180 | £414,680 |
| 3 Month Average | 69.723 % | £165,592 | £403,092 |
| 6 Month Average | 73.106 % | £173,625 | £411,125 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £428,589 | £420,000 | FLAT 15 VENICE CORTE, 2 ELMIRA STREET |
| 5 Jun 2023 | £326,544 | £320,000 | FLAT 61 VENICE CORTE, 2 ELMIRA STREET |
| 6 Apr 2023 | £326,099 | £320,000 | FLAT 50 VENICE CORTE, 2 ELMIRA STREET |
| 7 Jan 2022 | £439,982 | £415,000 | FLAT 8 VENICE CORTE, 2 ELMIRA STREET |
| 30 Jun 2021 | £351,282 | £325,000 | FLAT 51 VENICE CORTE, 2 ELMIRA STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 16 Aug 2012. Using an estimated price of £407,486 means this house is valued at £7,408 per sq meter (£688 per sq foot).
The average size of a house on ELMIRA STREET is 53 sq meters (579 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 | Burglary | Under investigation | On or near Cornmill Lane |
| Apr 2024 | Bicycle theft | Under investigation | On or near Cornmill Lane |