£322,320
This estimated value is based upon the latest sale price for the house of £315,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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124 Westmount Road, London, SE9 1UT
Phone: 02035446118
Price Paid | Date |
---|---|
£315,000 | 20 Oct 2023 |
£286,000 | 19 Oct 2018 |
£58,000 | 1 Dec 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £315,000 results in an estimated price of approximately £322,320.
20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £315,000 | £7,320 | £322,320 |
The Postcode Pricing Model uses changes in average sales price within the SE9 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 | 22.149 % | £69,769 | £384,769 |
3 Month Average | 10.336 % | £32,558 | £347,558 |
6 Month Average | 4.413 % | £13,901 | £328,901 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jul 2024 | £783,000 | £783,000 | 34 GOUROCK ROAD |
17 May 2024 | £855,000 | £855,000 | 35 GOUROCK ROAD |
15 Mar 2024 | £1,015,604 | £1,000,000 | 6 GOUROCK ROAD |
15 Dec 2023 | £722,192 | £700,000 | 38 GOUROCK ROAD |
12 Dec 2023 | £263,084 | £255,000 | 49 MARLOWE GARDENS |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 14 Nov 2017. Using an estimated price of £322,321 means this house is valued at £5,463 per sq meter (£507 per sq foot).
The average size of a house on FRIARS MEWS is 65 sq meters (700 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Blunts Road |
Oct 2024 | Other theft | Under investigation | On or near Blunts Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Blunts Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Blunts Road |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blunts Road |