£1,106,416
This estimated value is based upon the latest sale price for the house of £650,000 on 6 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 - 42 Decima Street, London, SE1 4QQ
Phone: 02035422710
| Price Paid | Date |
|---|---|
| £650,000 | 6 Jul 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 153 sq meters or 1,646 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £650,000 results in an estimated price of approximately £1,106,416.
| 6 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £650,000 | £456,416 | £1,106,416 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | -13.859 % | £-90,082 | £559,917 |
| 3 Month Average | 12.962 % | £84,250 | £734,250 |
| 6 Month Average | 30.769 % | £200,001 | £850,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £649,618 | £640,000 | APARTMENT 6 8 BLUELION PLACE |
| 21 Nov 2022 | £647,161 | £655,000 | FLAT 3 PRINTWORKS APARTMENTS, 230 LONG LANE |
| 25 Apr 2022 | £931,968 | £905,000 | 5 COACH HOUSE MEWS |
| 11 Jan 2022 | £973,477 | £925,000 | APARTMENT 24 8 BLUELION PLACE |
| 3 Dec 2021 | £655,683 | £612,000 | APARTMENT 13 8 BLUELION PLACE |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 14 Sep 2012. Using an estimated price of £1,106,416 means this house is valued at £7,231 per sq meter (£671 per sq foot).
The average size of a house on LONG LANE is 69 sq meters (752 sq feet).