£501,547
This estimated value is based upon the latest sale price for the house of £395,000 on 24 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Minard Road, SE6 1NP
Phone: 02081155937
| Price Paid | Date |
|---|---|
| £395,000 | 24 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £395,000 results in an estimated price of approximately £501,547.
| 24 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £395,000 | £106,547 | £501,547 |
The Postcode Pricing Model uses changes in average sales price within the SE6 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 | -33.258 % | £-131,369 | £263,630 |
| 3 Month Average | 7.576 % | £29,926 | £424,926 |
| 6 Month Average | 8.406 % | £33,202 | £428,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £253,251 | £250,000 | FLAT 2 40A HAZELBANK ROAD |
| 27 May 2022 | £507,545 | £500,000 | 8 CRUTCHLEY ROAD |
| 20 Dec 2021 | £512,185 | £480,000 | 52 CRUTCHLEY ROAD |
| 17 Dec 2021 | £688,248 | £645,000 | 21 HAZELBANK ROAD |
| 13 Dec 2021 | £375,602 | £352,000 | 29 HAZELBANK ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 1 Aug 2016. Using an estimated price of £501,548 means this house is valued at £4,077 per sq meter (£378 per sq foot).
The average size of a house on VERDANT LANE is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Crutchley Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Crutchley Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Crutchley Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Crutchley Road |
| Apr 2024 | Other theft | Under investigation | On or near Crutchley Road |