£141,688
This estimated value is based upon the latest sale price for the house of £76,995 on 9 Sep 2005. 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 |
|---|---|
| £76,995 | 9 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 30 sq meters or 322 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 September 2005 the House Price Index for GREATER LONDON was 81.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.023%.Applying this 84.023% change to the original purchase price of £76,995 results in an estimated price of approximately £141,688.
| 9 Sep 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 149.7 | 84.023 % | £76,995 | £64,693 | £141,688 |
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 | 1.225 % | £943 | £77,938 |
| 3 Month Average | 75.586 % | £58,197 | £135,192 |
| 6 Month Average | 72.371 % | £55,722 | £132,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £383,715 | £375,000 | 33 FLEMING WAY |
| 20 May 2022 | £328,560 | £320,000 | 1 BAYLISS AVENUE |
| 25 Mar 2022 | £219,226 | £210,000 | 9 MARTHAM CLOSE |
| 27 Oct 2020 | £375,802 | £318,000 | 64 COURTLAND GROVE |
| 25 Jun 2020 | £383,074 | £314,000 | 37 FLEMING WAY |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 1 May 2014. Using an estimated price of £141,689 means this house is valued at £4,722 per sq meter (£438 per sq foot).
The average size of a house on FLEMING WAY is 58 sq meters (628 sq feet).