£557,207
This estimated value is based upon the latest sale price for the house of £322,500 on 11 Jan 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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63-65 Herne Hill, London, SE24 9NE
Phone: 02081152314
Price Paid | Date |
---|---|
£322,500 | 11 Jan 2010 |
£185,000 | 22 Aug 2003 |
£54,000 | 7 May 1996 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 703 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 January 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.777%.Applying this 72.777% change to the original purchase price of £322,500 results in an estimated price of approximately £557,207.
11 Jan 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.777 % | £322,500 | £234,707 | £557,207 |
The Postcode Pricing Model uses changes in average sales price within the SE24 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 | 43.502 % | £140,295 | £462,795 |
3 Month Average | 104.756 % | £337,837 | £660,337 |
6 Month Average | 86.352 % | £278,486 | £600,986 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £1,636,066 | £1,600,000 | 108 HINTON ROAD |
29 Aug 2023 | £488,816 | £480,000 | 28 DEERDALE ROAD |
28 Apr 2023 | £941,102 | £923,500 | 10 ALDERTON ROAD |
29 Jul 2022 | £515,162 | £510,000 | 12B MILKWOOD ROAD |
24 Jun 2022 | £1,072,935 | £1,050,000 | 12 ALDERTON ROAD |
This house has a floor area of 65 sq meters or 703 sq feet when measured on 9 Nov 2009. Using an estimated price of £557,207 means this house is valued at £8,530 per sq meter (£792 per sq foot).
The average size of a house on POPLAR ROAD is 106 sq meters (1,151 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (703 sq feet).