£416,342
This estimated value is based upon the latest sale price for the house of £420,000 on 6 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Bessemer Place
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Unit 6 128 Metcalfe Court, West Parkside, London, SE10 0EL
Phone: 02034782978
| Price Paid | Date |
|---|---|
| £420,000 | 6 Jan 2023 |
| £382,500 | 18 Jan 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £420,000 results in an estimated price of approximately £416,342.
| 6 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £420,000 | £-3,657 | £416,342 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | -7.410 % | £-31,122 | £388,877 |
| 3 Month Average | 2.189 % | £9,194 | £429,194 |
| 6 Month Average | -2.550 % | £-10,711 | £409,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £567,283 | £560,000 | FLAT 16 21 REMINDER LANE |
| 6 Jan 2023 | £416,343 | £420,000 | FLAT 39 21 REMINDER LANE |
| 7 Sep 2022 | £560,681 | £567,500 | FLAT 5 21 REMINDER LANE |
| 8 Apr 2022 | £589,744 | £575,000 | FLAT 33 21 REMINDER LANE |
| 7 Dec 2021 | £464,914 | £435,700 | FLAT 36 21 REMINDER LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 30 Aug 2016. Using an estimated price of £416,343 means this house is valued at £8,326 per sq meter (£773 per sq foot).
The average size of a house on REMINDER LANE is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Bessemer Place |
| Apr 2024 | Burglary | Under investigation | On or near Bessemer Place |
| Mar 2024 | Drugs | Under investigation | On or near Bessemer Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bessemer Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bessemer Place |