£476,573
This estimated value is based upon the latest sale price for the house of £425,000 on 12 Mar 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Broad Walk, London, SE3 8HN
Phone: 02080229101
Price Paid | Date |
---|---|
£425,000 | 12 Mar 2021 |
£390,000 | 19 Jan 2017 |
£247,500 | 12 Dec 2012 |
£169,950 | 3 Dec 2002 |
£121,950 | 6 Apr 2000 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 649 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 March 2021 the House Price Index for GREATER LONDON was 133.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.135%.Applying this 12.135% change to the original purchase price of £425,000 results in an estimated price of approximately £476,573.
12 Mar 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.5 | 149.7 | 12.135 % | £425,000 | £51,573 | £476,573 |
The Postcode Pricing Model uses changes in average sales price within the SE3 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 | 30.315 % | £128,839 | £553,839 |
3 Month Average | 39.679 % | £168,637 | £593,637 |
6 Month Average | 41.869 % | £177,941 | £602,941 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £430,236 | £426,500 | 87 HITHER FARM ROAD |
21 Aug 2023 | £295,327 | £290,000 | 31 THYME CLOSE |
2 Jun 2023 | £428,589 | £420,000 | 101 HITHER FARM ROAD |
16 Feb 2023 | £523,497 | £520,000 | 133 HITHER FARM ROAD |
20 Jan 2023 | £330,884 | £330,000 | 3 THYME CLOSE |
This house has a floor area of 60 sq meters or 649 sq feet when measured on 2 Apr 2009. Using an estimated price of £476,573 means this house is valued at £7,903 per sq meter (£734 per sq foot).
The average size of a house on HITHER FARM ROAD is 68 sq meters (734 sq feet).