£560,875
This estimated value is based upon the latest sale price for the house of £537,000 on 24 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Montpelier Vale, SE3 0TA
Phone: 02036415310
Price Paid | Date |
---|---|
£537,000 | 24 Feb 2022 |
£392,000 | 17 Mar 2011 |
£260,000 | 15 Dec 2005 |
£17,000 | 22 Mar 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 586 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 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £537,000 results in an estimated price of approximately £560,875.
24 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.0 | 4.446 % | £537,000 | £23,875 | £560,875 |
The Postcode Pricing Model uses changes in average sales price within the SE3 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 | 41.632 % | £223,562 | £760,562 |
3 Month Average | -4.817 % | £-25,865 | £511,134 |
6 Month Average | -1.200 % | £-6,445 | £530,554 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £463,774 | £455,000 | FLAT 6 11 THE PARAGON |
1 Dec 2023 | £1,452,479 | £1,425,000 | FLAT 6 7 - 8 THE PARAGON |
22 Aug 2023 | £477,906 | £475,000 | 49 FULTHORP ROAD |
6 Jun 2023 | £1,592,916 | £1,580,000 | CATOR LODGE SOUTH ROW |
16 Jan 2023 | £594,771 | £599,995 | FLAT 3 6 THE PARAGON |
This house has a floor area of 54 sq meters or 586 sq feet when measured on 28 Sep 2010. Using an estimated price of £560,875 means this house is valued at £10,298 per sq meter (£956 per sq foot).
The average size of a house on THE PARAGON is 75 sq meters (813 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Merryfield | |
Feb 2024 | Anti-social behaviour | On or near Merryfield |