£569,874
This estimated value is based upon the latest sale price for the house of £106,000 on 6 Jan 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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179 Kennington Lane, London, SE11 4EZ
Phone: 02030074597
Price Paid | Date |
---|---|
£106,000 | 6 Jan 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 98 sq meters or 1,054 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 1997 the House Price Index for GREATER LONDON was 27.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 437.617%.Applying this 437.617% change to the original purchase price of £106,000 results in an estimated price of approximately £569,874.
6 Jan 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.8 | 149.7 | 437.617 % | £106,000 | £463,874 | £569,874 |
The Postcode Pricing Model uses changes in average sales price within the SE11 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 | 402.747 % | £426,911 | £532,911 |
3 Month Average | 390.471 % | £413,899 | £519,899 |
6 Month Average | 395.178 % | £418,888 | £524,888 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Apr 2024 | £645,606 | £640,000 | FLAT 12 TAMAR HOUSE KENNINGTON LANE |
1 Mar 2024 | £297,677 | £293,103 | 60C CHESTER WAY |
20 Sep 2023 | £617,615 | £604,000 | FLAT 14 TAMAR HOUSE KENNINGTON LANE |
4 Aug 2023 | £521,913 | £512,500 | 7A CHESTER WAY |
16 May 2022 | £595,514 | £580,000 | FLAT 23 TAMAR HOUSE KENNINGTON LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 5 Dec 2019. Using an estimated price of £569,874 means this house is valued at £5,815 per sq meter (£540 per sq foot).
The average size of a house on CHESTER WAY is 81 sq meters (873 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Denny Crescent |
Oct 2024 | Theft from the person | Under investigation | On or near Chester Way |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Chester Way |
Oct 2024 | Public order | Under investigation | On or near Denny Street |
Oct 2024 | Robbery | Under investigation | On or near Denny Street |