£292,202
This estimated value is based upon the latest sale price for the house of £58,000 on 8 Aug 1997. 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 |
|---|---|
| £58,000 | 8 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 854 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 1997 the House Price Index for GREATER LONDON was 29.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 403.797%.Applying this 403.797% change to the original purchase price of £58,000 results in an estimated price of approximately £292,202.
| 8 Aug 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 148.6 | 403.797 % | £58,000 | £234,202 | £292,202 |
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 | 596.855 % | £346,175 | £404,175 |
| 3 Month Average | 427.827 % | £248,139 | £306,139 |
| 6 Month Average | 481.139 % | £279,060 | £337,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Feb 2023 | £264,822 | £265,000 | FLAT 12 AVINGTON COURT OLD KENT ROAD |
| 9 Jan 2023 | £323,476 | £325,000 | 1 DOVER FLATS OLD KENT ROAD |
| 29 Jul 2022 | £290,783 | £290,000 | 23 DOVER FLATS OLD KENT ROAD |
| 27 May 2022 | £509,602 | £500,000 | FLAT A 310 EAST STREET |
| 15 Oct 2021 | £468,040 | £423,000 | 320A EAST STREET |
This house has a floor area of 79 sq meters or 854 sq feet when measured on 22 Feb 2011. Using an estimated price of £292,202 means this house is valued at £3,681 per sq meter (£342 per sq foot).
The average size of a house on STANFORD PLACE is 95 sq meters (1,028 sq feet).