£740,842
This estimated value is based upon the latest sale price for the house of £390,000 on 3 Dec 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49b Fenwick Road, London, SE15 4HS
Phone: 02030071341
| Price Paid | Date |
|---|---|
| £390,000 | 3 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 December 2004 the House Price Index for GREATER LONDON was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £390,000 results in an estimated price of approximately £740,842.
| 3 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £390,000 | £350,842 | £740,842 |
The Postcode Pricing Model uses changes in average sales price within the SE22 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 | 69.193 % | £269,850 | £659,850 |
| 3 Month Average | 143.553 % | £559,858 | £949,858 |
| 6 Month Average | 155.284 % | £605,608 | £995,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £253,901 | £250,000 | FLAT 2 45A CRYSTAL PALACE ROAD |
| 22 Nov 2023 | £487,884 | £475,500 | FLAT 45 ALTIMA COURT, 33 EAST DULWICH ROAD |
| 17 Oct 2023 | £941,381 | £920,000 | 1 HOLMES CLOSE |
| 22 Aug 2023 | £509,184 | £500,000 | FLAT 3 45A CRYSTAL PALACE ROAD |
| 28 Apr 2023 | £451,953 | £443,500 | FLAT 19 ALTIMA COURT, 33 EAST DULWICH ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 11 Aug 2016. Using an estimated price of £740,843 means this house is valued at £6,072 per sq meter (£564 per sq foot).
The average size of a house on HOLMES CLOSE is 151 sq meters (1,628 sq feet).