£392,209
This estimated value is based upon the latest sale price for the house of £308,500 on 26 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Slocum Close, London, SE28 8LQ
Phone: 02080220383
Price Paid | Date |
---|---|
£308,500 | 26 Oct 2017 |
£47,500 | 4 Dec 1995 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 October 2017 the House Price Index for GREATER LONDON was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £308,500 results in an estimated price of approximately £392,209.
26 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £308,500 | £83,709 | £392,209 |
The Postcode Pricing Model uses changes in average sales price within the SE28 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 | 4.910 % | £15,147 | £323,647 |
3 Month Average | 5.813 % | £17,932 | £326,432 |
6 Month Average | 4.319 % | £13,322 | £321,822 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £368,318 | £357,000 | 1 WROXHAM ROAD |
20 May 2022 | £328,560 | £320,000 | 1 BAYLISS AVENUE |
25 Mar 2022 | £219,226 | £210,000 | 9 MARTHAM CLOSE |
15 Jun 2020 | £317,195 | £260,000 | 8 BAYLISS AVENUE |
28 Oct 2019 | £197,664 | £160,000 | 14 FLEMING WAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 2 Apr 2015. Using an estimated price of £392,209 means this house is valued at £5,602 per sq meter (£520 per sq foot).
The average size of a house on ORMESBY CLOSE is 73 sq meters (794 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ormesby Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Ormesby Close |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ormesby Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Wroxham Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Wroxham Road |