£1,040,583
This estimated value is based upon the latest sale price for the house of £695,000 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 - 42 Decima Street, London, SE1 4QQ
Phone: 02035422710
| Price Paid | Date |
|---|---|
| £695,000 | 28 Nov 2014 |
| £290,000 | 20 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £695,000 results in an estimated price of approximately £1,040,583.
| 28 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £695,000 | £345,583 | £1,040,583 |
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 | 22.004 % | £152,929 | £847,929 |
| 3 Month Average | 19.704 % | £136,940 | £831,940 |
| 6 Month Average | 32.051 % | £222,754 | £917,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £308,950 | £305,000 | FLAT 9 DEAL HOUSE MINA ROAD |
| 30 Aug 2023 | £210,845 | £209,000 | FLAT 19 AMERY HOUSE KINGLAKE STREET |
| 9 Jun 2023 | £323,924 | £320,000 | FLAT 4 37 BAGSHOT STREET |
| 24 Feb 2023 | £354,761 | £355,000 | FLAT 10 BETHERSDEN HOUSE KINGLAKE ESTATE |
| 18 Aug 2022 | £341,082 | £342,000 | FLAT 7, 37 BAGSHOT STREET |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 5 Jan 2015. Using an estimated price of £1,040,584 means this house is valued at £8,818 per sq meter (£819 per sq foot).
The average size of a house on MINA ROAD is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Smyrk'S Road | |
| Jan 2024 | Anti-social behaviour | On or near Smyrk'S Road | |
| Jan 2024 | Robbery | Under investigation | On or near Smyrk'S Road |
| Jan 2024 | Anti-social behaviour | On or near Smyrk'S Road | |
| Dec 2023 | Anti-social behaviour | On or near Smyrk'S Road |