£247,004
This estimated value is based upon the latest sale price for the house of £165,000 on 23 Jan 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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14 The Village, London, SE7 8UD
Phone: 02080332434
Price Paid | Date |
---|---|
£165,000 | 23 Jan 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 2015 the House Price Index for GREATER LONDON was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £165,000 results in an estimated price of approximately £247,004.
23 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £165,000 | £82,004 | £247,004 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | 54.912 % | £90,604 | £255,604 |
3 Month Average | 47.790 % | £78,853 | £243,853 |
6 Month Average | 53.092 % | £87,601 | £252,601 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £483,724 | £475,000 | 91 RUSTON ROAD |
30 Nov 2022 | £216,985 | £218,000 | FLAT 25 RIVERHOPE MANSIONS HARLINGER STREET |
3 Aug 2022 | £271,268 | £270,000 | FLAT 15 RIVERHOPE MANSIONS HARLINGER STREET |
1 Apr 2022 | £286,328 | £276,000 | FLAT 63 RIVERHOPE MANSIONS HARLINGER STREET |
21 Jun 2021 | £248,599 | £230,000 | FLAT 47 RIVERHOPE MANSIONS HARLINGER STREET |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 27 Aug 2014. Using an estimated price of £247,005 means this house is valued at £6,333 per sq meter (£588 per sq foot).
The average size of a house on RUSTON ROAD is 44 sq meters (479 sq feet).