£438,018
This estimated value is based upon the latest sale price for the house of £330,000 on 17 Nov 2016. 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 |
---|---|
£330,000 | 17 Nov 2016 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £330,000 results in an estimated price of approximately £438,018.
17 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £330,000 | £108,018 | £438,018 |
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 | 9.942 % | £32,808 | £362,808 |
3 Month Average | 25.651 % | £84,648 | £414,648 |
6 Month Average | 22.524 % | £74,329 | £404,329 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £377,566 | £370,000 | 111 CHARMINSTER ROAD |
11 Nov 2022 | £404,110 | £406,000 | 57 CASTLECOMBE ROAD |
16 Mar 2022 | £227,055 | £217,500 | 23 CASTLECOMBE ROAD |
25 Feb 2022 | £401,454 | £380,000 | 127 CASTLETON ROAD |
30 Sep 2021 | £260,537 | £240,000 | FLAT 1 92 CHARMINSTER ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 11 Oct 2012. Using an estimated price of £438,019 means this house is valued at £5,034 per sq meter (£467 per sq foot).
The average size of a house on CHARMINSTER ROAD is 71 sq meters (766 sq feet).