£1,843,321
This estimated value is based upon the latest sale price for the house of £1,725,000 on 11 Jun 2021. 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 |
---|---|
£1,725,000 | 11 Jun 2021 |
£1,000,000 | 17 Oct 2014 |
Detached |
Freehold |
Floor Area: 186 sq meters or 2,002 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 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £1,725,000 results in an estimated price of approximately £1,843,321.
11 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.0 | 6.859 % | £1,725,000 | £118,321 | £1,843,321 |
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 | 5.423 % | £93,552 | £1,818,552 |
3 Month Average | -43.222 % | £-745,584 | £979,415 |
6 Month Average | -33.389 % | £-575,967 | £1,149,032 |
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 186 sq meters or 2,002 sq feet when measured on 8 Apr 2014. Using an estimated price of £1,843,321 means this house is valued at £9,910 per sq meter (£920 per sq foot).
The average size of a house on ROUSE GARDENS is 116 sq meters (1,259 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Rouse Gardens |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Rouse Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Rouse Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Baird Gardens |
Feb 2024 | Public order | Under investigation | On or near Little Bornes |