£607,176
This estimated value is based upon the latest sale price for the house of £441,500 on 18 Feb 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 11, Pepys House, Greenwich Quay Clarence Road, Pepys House, Greenwich Quay Clarence Road, London, SE8 3EY
Phone: 02036414879
Price Paid | Date |
---|---|
£441,500 | 18 Feb 2016 |
£321,500 | 30 Jul 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 652 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 February 2016 the House Price Index for GREATER LONDON was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £441,500 results in an estimated price of approximately £607,176.
18 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.9 | 149.7 | 37.526 % | £441,500 | £165,676 | £607,176 |
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 | 9.246 % | £40,822 | £482,322 |
3 Month Average | 9.728 % | £42,950 | £484,450 |
6 Month Average | 19.318 % | £85,288 | £526,788 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Apr 2021 | £455,015 | £400,000 | FLAT 24 1 TARVES WAY |
24 Mar 2020 | £424,673 | £350,000 | FLAT 35 1 TARVES WAY |
8 May 2018 | £485,029 | £386,000 | FLAT 60 1 TARVES WAY |
30 Apr 2018 | £776,501 | £617,500 | FLAT 76 1 TARVES WAY |
12 Jan 2018 | £448,837 | £355,000 | FLAT 52 1 TARVES WAY |
This house has a floor area of 60 sq meters or 652 sq feet when measured on 22 Aug 2009. Using an estimated price of £607,176 means this house is valued at £10,021 per sq meter (£930 per sq foot).
The average size of a house on TARVES WAY is 53 sq meters (575 sq feet).