£273,770
This estimated value is based upon the latest sale price for the house of £220,000 on 7 Feb 2019. 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 |
---|---|
£220,000 | 7 Feb 2019 |
£50,000 | 16 Feb 1998 |
Flats/Maisonettes |
Leasehold |
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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £220,000 results in an estimated price of approximately £273,770.
7 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £220,000 | £53,770 | £273,770 |
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 | 24.280 % | £53,416 | £273,416 |
3 Month Average | -0.691 % | £-1,521 | £218,478 |
6 Month Average | 0.796 % | £1,750 | £221,750 |
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 |
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 |