£171,118
This estimated value is based upon the latest sale price for the house of £137,500 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Office 5 2 2, The Leather Market, London, SE1 3ER
Phone: 02080337635
| Price Paid | Date |
|---|---|
| £137,500 | 25 Jan 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 January 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 24.450%.Applying this 24.450% change to the original purchase price of £137,500 results in an estimated price of approximately £171,118.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £137,500 | £33,618 | £171,118 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | 20.632 % | £28,369 | £165,869 |
| 3 Month Average | -28.682 % | £-39,437 | £98,062 |
| 6 Month Average | -29.218 % | £-40,174 | £97,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jul 2021 | £4,804,756 | £4,150,000 | 193 - 197 LONG LANE |
| 28 Aug 2019 | £567,151 | £457,500 | FLAT 32 197 LONG LANE |
| 25 Jan 2019 | £171,119 | £137,500 | FLAT 11 195 LONG LANE |
| 7 Dec 2018 | £571,647 | £460,000 | FLAT 61 197 LONG LANE |
| 15 Aug 2018 | £903,394 | £725,000 | FLAT 35 197 LONG LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 8 Apr 2018. Using an estimated price of £171,119 means this house is valued at £2,851 per sq meter (£264 per sq foot).
The average size of a house on LONG LANE is 69 sq meters (752 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Long Lane |
| Apr 2024 | Anti-social behaviour | On or near Long Lane | |
| Apr 2024 | Anti-social behaviour | On or near Long Lane | |
| Apr 2024 | Anti-social behaviour | On or near Long Lane | |
| Apr 2024 | Theft from the person | Under investigation | On or near Long Lane |