£377,566
This estimated value is based upon the latest sale price for the house of £370,000 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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38 Mottingham Road, SE9 4QR
Phone: 02035443920
| Price Paid | Date |
|---|---|
| £370,000 | 2 Jun 2023 |
| £330,000 | 21 Oct 2016 |
| £168,500 | 21 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £370,000 results in an estimated price of approximately £377,566.
| 2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £370,000 | £7,566 | £377,566 |
The Postcode Pricing Model uses changes in average sales price within the SE9 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 | -25.334 % | £-93,736 | £276,263 |
| 3 Month Average | 4.472 % | £16,545 | £386,545 |
| 6 Month Average | 2.496 % | £9,236 | £379,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £183,306 | £180,000 | 70 CHARMINSTER ROAD |
| 2 Jun 2023 | £377,566 | £370,000 | 111 CHARMINSTER ROAD |
| 25 Feb 2022 | £401,454 | £380,000 | 127 CASTLETON ROAD |
| 14 Jan 2022 | £397,574 | £375,000 | 43 DUDDINGTON CLOSE |
| 26 Nov 2021 | £343,199 | £315,000 | 11 DUDDINGTON CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 26 Feb 2016. Using an estimated price of £377,566 means this house is valued at £5,471 per sq meter (£508 per sq foot).
The average size of a house on CHARMINSTER ROAD is 71 sq meters (766 sq feet).