£687,847
This estimated value is based upon the latest sale price for the house of £547,000 on 16 Apr 2018. 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 |
|---|---|
| £547,000 | 16 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £547,000 results in an estimated price of approximately £687,847.
| 16 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £547,000 | £140,847 | £687,847 |
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 | 27.742 % | £151,747 | £698,747 |
| 3 Month Average | 25.948 % | £141,935 | £688,935 |
| 6 Month Average | 28.181 % | £154,152 | £701,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £348,855 | £340,000 | 182A VERDANT LANE |
| 21 Nov 2023 | £307,814 | £300,000 | 184A VERDANT LANE |
| 21 Nov 2023 | £307,814 | £300,000 | 184 VERDANT LANE |
| 24 Aug 2023 | £560,102 | £550,000 | 158 VERDANT LANE |
| 19 Jul 2022 | £606,073 | £600,000 | 23 HAFTON ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 22 Nov 2016. Using an estimated price of £687,848 means this house is valued at £5,879 per sq meter (£546 per sq foot).
The average size of a house on VERDANT LANE is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Verdant Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Verdant Lane |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Verdant Lane |
| Jul 2024 | Anti-social behaviour | On or near Verdant Lane | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Verdant Lane |