£362,754
This estimated value is based upon the latest sale price for the house of £355,000 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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229 Gipsy Road, London, SE27 9QY
Phone: 02036413997
Price Paid | Date |
---|---|
£355,000 | 24 Jun 2022 |
£340,000 | 10 Mar 2017 |
£145,000 | 1 Sep 2003 |
£84,000 | 25 Jul 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 June 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £355,000 results in an estimated price of approximately £362,754.
24 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £355,000 | £7,754 | £362,754 |
The Postcode Pricing Model uses changes in average sales price within the SE27 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 | -35.662 % | £-126,600 | £228,399 |
3 Month Average | -5.794 % | £-20,567 | £334,432 |
6 Month Average | -19.557 % | £-69,425 | £285,574 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £564,325 | £550,000 | 222 GIPSY ROAD |
11 Aug 2023 | £254,592 | £250,000 | FLAT D 223 GIPSY ROAD |
20 Apr 2023 | £933,969 | £916,500 | 212 GIPSY ROAD |
3 Apr 2023 | £419,853 | £412,000 | 230 GIPSY ROAD |
14 Feb 2023 | £573,833 | £570,000 | FLAT 1 209 GIPSY ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 2 Jun 2020. Using an estimated price of £362,754 means this house is valued at £6,717 per sq meter (£624 per sq foot).
The average size of a house on GIPSY ROAD is 75 sq meters (809 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Paxton Place | |
Sep 2024 | Anti-social behaviour | On or near Paxton Place | |
Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Paxton Place |
Sep 2024 | Anti-social behaviour | On or near Paxton Place | |
Sep 2024 | Anti-social behaviour | On or near Paxton Place |