£818,613
This estimated value is based upon the latest sale price for the house of £670,000 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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53 Banning Street, London, SE10 0NZ
Phone: 02045161607
| Price Paid | Date |
|---|---|
| £670,000 | 18 Dec 2019 |
| £495,000 | 7 Nov 2014 |
| £160,000 | 27 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £670,000 results in an estimated price of approximately £818,613.
| 18 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £670,000 | £148,613 | £818,613 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | -34.542 % | £-231,429 | £438,570 |
| 3 Month Average | -2.516 % | £-16,857 | £653,142 |
| 6 Month Average | -2.651 % | £-17,764 | £652,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £471,593 | £470,000 | 30 DERWENT STREET |
| 9 Sep 2022 | £780,507 | £790,000 | 31 HADRIAN STREET |
| 7 Jan 2022 | £864,731 | £825,000 | 62 PELTON ROAD |
| 29 Sep 2021 | £821,030 | £765,000 | 17 KOSSUTH STREET |
| 10 Sep 2021 | £654,677 | £610,000 | 2 CLEVELAND TERRACE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 14 Jun 2019. Using an estimated price of £818,613 means this house is valued at £8,527 per sq meter (£792 per sq foot).
The average size of a house on KOSSUTH STREET is 135 sq meters (1,461 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Banning Street | |
| Mar 2024 | Drugs | Under investigation | On or near Banning Street |
| Mar 2024 | Anti-social behaviour | On or near Banning Street | |
| Mar 2024 | Anti-social behaviour | On or near Banning Street | |
| Mar 2024 | Anti-social behaviour | On or near Banning Street |