£340,702
This estimated value is based upon the latest sale price for the house of £275,000 on 6 Jun 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 |
|---|---|
| £275,000 | 6 Jun 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £275,000 results in an estimated price of approximately £340,702.
| 6 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £275,000 | £65,702 | £340,702 |
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 | -20.910 % | £-57,501 | £217,498 |
| 3 Month Average | 4.014 % | £11,039 | £286,039 |
| 6 Month Average | 8.612 % | £23,682 | £298,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £352,621 | £350,000 | 71 WATERS ROAD |
| 8 Mar 2023 | £266,440 | £265,000 | 54 HEXAL ROAD |
| 23 Sep 2022 | £429,773 | £435,000 | 380 WHITEFOOT LANE |
| 8 Aug 2022 | £273,154 | £275,000 | 27 GILTON ROAD |
| 4 Aug 2022 | £233,423 | £235,000 | 62 WATERS ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 1 Apr 2016. Using an estimated price of £340,703 means this house is valued at £5,407 per sq meter (£502 per sq foot).
The average size of a house on HEXAL ROAD is 65 sq meters (708 sq feet).