£519,731
This estimated value is based upon the latest sale price for the house of £445,000 on 27 Nov 2020. 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 |
|---|---|
| £445,000 | 27 Nov 2020 |
| £243,000 | 6 Nov 2012 |
| £195,000 | 7 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £445,000 results in an estimated price of approximately £519,731.
| 27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £445,000 | £74,731 | £519,731 |
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 | 38.076 % | £169,436 | £614,436 |
| 3 Month Average | 140.312 % | £624,387 | £1,069,387 |
| 6 Month Average | 78.235 % | £348,145 | £793,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £555,027 | £546,500 | 63C CARTER STREET |
| 17 Nov 2023 | £339,621 | £331,000 | FLAT 18 PENROSE HOUSE PENROSE STREET |
| 5 Sep 2023 | £490,820 | £480,000 | FLAT 38 EGLINGTON COURT LORRIMORE ROAD |
| 21 Aug 2023 | £432,806 | £425,000 | FLAT 19 EGLINGTON COURT LORRIMORE ROAD |
| 17 Mar 2023 | £424,082 | £417,000 | 216 OLNEY ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 29 Aug 2012. Using an estimated price of £519,731 means this house is valued at £7,995 per sq meter (£742 per sq foot).
The average size of a house on PENROSE STREET is 71 sq meters (766 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Penrose Street |