£690,308
This estimated value is based upon the latest sale price for the house of £306,000 on 10 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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53 Banning Street, London, SE10 0NZ
Phone: 02045161607
| Price Paid | Date |
|---|---|
| £306,000 | 10 Oct 2003 |
| £205,000 | 15 Nov 2002 |
| Terraced |
| Freehold |
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 October 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £306,000 results in an estimated price of approximately £690,308.
| 10 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £306,000 | £384,308 | £690,308 |
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 | 130.778 % | £400,180 | £706,180 |
| 3 Month Average | 108.268 % | £331,300 | £637,300 |
| 6 Month Average | 121.423 % | £371,555 | £677,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £471,000 | £471,000 | FLAT 28 47 COMMERELL STREET |
| 30 Aug 2024 | £356,500 | £356,500 | FLAT 19 49 COMMERELL STREET |
| 17 Nov 2023 | £736,187 | £717,500 | 73 MAURITIUS ROAD |
| 6 Nov 2023 | £456,590 | £445,000 | FLAT 11 51 COMMERELL STREET |
| 16 Aug 2023 | £633,424 | £622,000 | 80 BELLOT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mauritius Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Mauritius Road |
| Oct 2024 | Anti-social behaviour | On or near Bellot Street | |
| Oct 2024 | Burglary | Under investigation | On or near Bellot Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Bellot Street |