£191,462
This estimated value is based upon the latest sale price for the house of £110,000 on 7 Sep 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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127 Queens Road, SE15 2ND
Phone: 02035445903
| Price Paid | Date |
|---|---|
| £110,000 | 7 Sep 2011 |
| Terraced |
| Freehold |
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 September 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £110,000 results in an estimated price of approximately £191,462.
| 7 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £110,000 | £81,462 | £191,462 |
The Postcode Pricing Model uses changes in average sales price within the SE15 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 | 51.569 % | £56,725 | £166,725 |
| 3 Month Average | 64.068 % | £70,474 | £180,474 |
| 6 Month Average | 60.512 % | £66,563 | £176,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £343,000 | £343,000 | 68B KINGS GROVE |
| 19 Apr 2024 | £379,798 | £376,500 | 68C KINGS GROVE |
| 15 Mar 2024 | £869,357 | £856,000 | 18 KINGS GROVE |
| 18 Dec 2023 | £312,363 | £302,765 | 19C KINGS GROVE |
| 15 Dec 2023 | £309,511 | £300,000 | 88 STAVELEY CLOSE |