£202,767
This estimated value is based upon the latest sale price for the house of £95,000 on 27 Feb 2004. 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 |
---|---|
£95,000 | 27 Feb 2004 |
£60,000 | 20 Mar 2001 |
£37,000 | 20 Apr 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 30 sq meters or 322 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 February 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £95,000 results in an estimated price of approximately £202,767.
27 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £95,000 | £107,767 | £202,767 |
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 | 118.496 % | £112,570 | £207,570 |
3 Month Average | 132.269 % | £125,655 | £220,655 |
6 Month Average | 138.630 % | £131,698 | £226,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £483,724 | £475,000 | 91 RUSTON ROAD |
30 Sep 2021 | £551,469 | £508,000 | 64 HARLINGER STREET |
27 Sep 2021 | £591,635 | £545,000 | 76 HARLINGER STREET |
22 May 2020 | £258,769 | £210,000 | 109 RUSTON ROAD |
30 Apr 2020 | £1,978,665 | £1,600,000 | UNIT 4 COMMONWEALTH BUILDINGS WOOLWICH CHURCH STREET |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 15 Nov 2015. Using an estimated price of £202,768 means this house is valued at £6,758 per sq meter (£627 per sq foot).
The average size of a house on RUSTON ROAD is 44 sq meters (479 sq feet).