£230,593
This estimated value is based upon the latest sale price for the house of £147,000 on 4 Apr 2014. 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 |
---|---|
£147,000 | 4 Apr 2014 |
£30,000 | 25 Apr 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 436 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 April 2014 the House Price Index for GREATER LONDON was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £147,000 results in an estimated price of approximately £230,593.
4 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £147,000 | £83,593 | £230,593 |
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 | -19.533 % | £-28,713 | £118,286 |
3 Month Average | 54.142 % | £79,588 | £226,588 |
6 Month Average | 54.016 % | £79,403 | £226,403 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Sep 2024 | £150,000 | £150,000 | 17 CEDAR CLOSE |
23 Apr 2024 | £403,504 | £400,000 | 96B THURLOW PARK ROAD |
12 Apr 2024 | £585,081 | £580,000 | 10 LORDS CLOSE |
18 Dec 2023 | £149,597 | £145,000 | 32 CEDAR CLOSE |
17 Nov 2023 | £138,516 | £135,000 | 39 CEDAR CLOSE |
This house has a floor area of 40 sq meters or 436 sq feet when measured on 24 Oct 2009. Using an estimated price of £230,594 means this house is valued at £5,687 per sq meter (£528 per sq foot).
The average size of a house on CEDAR CLOSE is 42 sq meters (453 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Thurlow Park Road |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Thurlow Park Road |
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Thurlow Park Road |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lords Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Lords Close |