£588,412
This estimated value is based upon the latest sale price for the house of £380,000 on 16 Jun 2014. 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 |
|---|---|
| £380,000 | 16 Jun 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £380,000 results in an estimated price of approximately £588,412.
| 16 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £380,000 | £208,412 | £588,412 |
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 | 27.403 % | £104,132 | £484,132 |
| 3 Month Average | 16.726 % | £63,558 | £443,558 |
| 6 Month Average | 26.798 % | £101,831 | £481,831 |
| 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 59 sq meters or 635 sq feet when measured on 4 Jun 2014. Using an estimated price of £588,412 means this house is valued at £9,973 per sq meter (£926 per sq foot).
The average size of a house on TARVES WAY is 53 sq meters (575 sq feet).