£223,492
This estimated value is based upon the latest sale price for the house of £152,000 on 14 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit D229 Parkhall Business Centre 40 Martell Road, London, SE21 8EN
Phone: 02036416610
| Price Paid | Date |
|---|---|
| £152,000 | 14 May 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 354 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £152,000 results in an estimated price of approximately £223,492.
| 14 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £152,000 | £71,492 | £223,492 |
The Postcode Pricing Model uses changes in average sales price within the SE21 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 | 22.922 % | £34,841 | £186,841 |
| 3 Month Average | 52.604 % | £79,958 | £231,958 |
| 6 Month Average | 46.932 % | £71,336 | £223,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2024 | £150,000 | £150,000 | 17 CEDAR CLOSE |
| 23 Apr 2024 | £403,504 | £400,000 | 96B THURLOW PARK ROAD |
| 12 Apr 2024 | £585,081 | £580,000 | 10 LORDS CLOSE |
| 18 Dec 2023 | £149,597 | £145,000 | 32 CEDAR CLOSE |
| 17 Nov 2023 | £138,516 | £135,000 | 39 CEDAR CLOSE |
This house has a floor area of 32 sq meters or 354 sq feet when measured on 26 Sep 2009. Using an estimated price of £223,492 means this house is valued at £6,793 per sq meter (£631 per sq foot).
The average size of a house on CEDAR CLOSE is 42 sq meters (453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Thurlow Park Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Thurlow Park Road |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Thurlow Park Road |
| Oct 2024 | Anti-social behaviour | On or near Lords Close | |
| Oct 2024 | Anti-social behaviour | On or near Lords Close |