£444,418
This estimated value is based upon the latest sale price for the house of £235,000 on 1 Oct 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit D229 Parkhall Business Centre 40 Martell Road, London, SE21 8EN
Phone: 02036416610
| Price Paid | Date |
|---|---|
| £235,000 | 1 Oct 2004 |
| 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 October 2004 the House Price Index for GREATER LONDON was 78.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 89.114%.Applying this 89.114% change to the original purchase price of £235,000 results in an estimated price of approximately £444,418.
| 1 Oct 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.0 | 89.114 % | £235,000 | £209,418 | £444,418 |
The Postcode Pricing Model uses changes in average sales price within the SE21 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 | 367.802 % | £864,334 | £1,099,334 |
| 3 Month Average | 132.574 % | £311,548 | £546,548 |
| 6 Month Average | 159.697 % | £375,286 | £610,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £400,137 | £395,000 | FLAT 2 50 MARTELL ROAD |
| 16 Jun 2023 | £1,033,379 | £1,025,000 | 20 MARTELL ROAD |
| 18 May 2022 | £908,505 | £895,000 | 38 MARTELL ROAD |
| 12 May 2022 | £779,893 | £768,300 | 1 MYTON ROAD |
| 26 Apr 2022 | £394,872 | £385,000 | 28C PARK HALL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Myton Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Myton Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Myton Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Shopping Area |
| Jan 2024 | Vehicle crime | Under investigation | On or near Shopping Area |