£876,421
This estimated value is based upon the latest sale price for the house of £717,500 on 11 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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229 Gipsy Road, London, SE27 9QY
Phone: 02036413997
Price Paid | Date |
---|---|
£717,500 | 11 Nov 2019 |
£365,000 | 7 Sep 2006 |
Flats/Maisonettes |
Freehold |
Floor Area: 103 sq meters or 1,108 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £717,500 results in an estimated price of approximately £876,421.
11 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.0 | 22.149 % | £717,500 | £158,921 | £876,421 |
The Postcode Pricing Model uses changes in average sales price within the SE21 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 | 153.044 % | £1,098,092 | £1,815,592 |
3 Month Average | -5.451 % | £-39,110 | £678,389 |
6 Month Average | -9.307 % | £-66,780 | £650,719 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £1,103,729 | £1,100,000 | 18 ROUSE GARDENS |
18 Dec 2023 | £798,099 | £783,000 | 25 ROUSE GARDENS |
9 Aug 2023 | £1,232,495 | £1,225,000 | 12 ROUSE GARDENS |
7 Aug 2023 | £223,358 | £222,000 | FLAT 4 ERNEST COURT, 122 BOWEN DRIVE |
9 Jun 2023 | £942,643 | £935,000 | 39 LITTLE BORNES |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 12 Mar 2019. Using an estimated price of £876,422 means this house is valued at £8,508 per sq meter (£790 per sq foot).
The average size of a house on LITTLE BORNES is 127 sq meters (1,367 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Under investigation | On or near Little Bornes |
Jan 2024 | Anti-social behaviour | On or near Little Bornes | |
Jan 2024 | Anti-social behaviour | On or near Little Bornes | |
Jan 2024 | Anti-social behaviour | On or near Little Bornes | |
Jan 2024 | Anti-social behaviour | On or near Little Bornes |