£368,877
This estimated value is based upon the latest sale price for the house of £360,500 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Minard Road, SE6 1NP
Phone: 02081155937
| Price Paid | Date |
|---|---|
| £360,500 | 27 Oct 2023 |
| £186,000 | 2 Apr 2007 |
| £174,995 | 25 May 2005 |
| £111,500 | 18 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £360,500 results in an estimated price of approximately £368,877.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £360,500 | £8,377 | £368,877 |
The Postcode Pricing Model uses changes in average sales price within the SE6 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 | 88.749 % | £319,939 | £680,439 |
| 3 Month Average | -2.638 % | £-9,510 | £350,989 |
| 6 Month Average | -4.883 % | £-17,601 | £342,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £970,000 | £970,000 | 141 WELLMEADOW ROAD |
| 31 May 2024 | £1,250,000 | £1,250,000 | 155 WELLMEADOW ROAD |
| 27 Oct 2023 | £368,878 | £360,500 | 137A WELLMEADOW ROAD |
| 23 Feb 2023 | £724,842 | £720,000 | 153 WELLMEADOW ROAD |
| 28 Jun 2022 | £362,754 | £355,000 | 183B BROADFIELD ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 6 Dec 2019. Using an estimated price of £368,878 means this house is valued at £7,684 per sq meter (£713 per sq foot).
The average size of a house on WELLMEADOW ROAD is 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Wellmeadow Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Wellmeadow Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Wellmeadow Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Wellmeadow Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Wellmeadow Road |