£638,605
This estimated value is based upon the latest sale price for the house of £512,500 on 23 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Strata Pavillion, 4 Walworth Road, London, SE1 6EB
Phone: 02036417282
| Price Paid | Date |
|---|---|
| £512,500 | 23 Aug 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £512,500 results in an estimated price of approximately £638,605.
| 23 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £512,500 | £126,105 | £638,605 |
The Postcode Pricing Model uses changes in average sales price within the SE17 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 | 44.853 % | £229,872 | £742,372 |
| 3 Month Average | 7.756 % | £39,751 | £552,251 |
| 6 Month Average | 4.431 % | £22,707 | £535,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £590,150 | £590,150 | FLAT 609 9 STEEDMAN STREET |
| 27 Oct 2023 | £526,969 | £515,000 | FLAT 207 9 STEEDMAN STREET |
| 14 Apr 2022 | £638,014 | £615,000 | 1 RANDALL COURT, 12 STEEDMAN STREET |
| 26 Jan 2022 | £434,681 | £410,000 | FLAT 202 9 STEEDMAN STREET |
| 10 Sep 2021 | £1,016,093 | £936,000 | RANDALL COURT, 12 STEEDMAN STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 14 May 2015. Using an estimated price of £638,606 means this house is valued at £10,300 per sq meter (£956 per sq foot).
The average size of a house on STEEDMAN STREET is 67 sq meters (725 sq feet).