£887,587
This estimated value is based upon the latest sale price for the house of £860,000 on 30 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Montpelier Vale, SE3 0TA
Phone: 02036415310
| Price Paid | Date |
|---|---|
| £860,000 | 30 Mar 2022 |
| £835,000 | 28 Apr 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 107 sq meters or 1,151 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £860,000 results in an estimated price of approximately £887,587.
| 30 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £860,000 | £27,587 | £887,587 |
The Postcode Pricing Model uses changes in average sales price within the SE3 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 | -29.741 % | £-255,768 | £604,231 |
| 3 Month Average | -0.375 % | £-3,224 | £856,775 |
| 6 Month Average | 9.208 % | £79,189 | £939,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £2,026,010 | £2,000,000 | 37 WEMYSS ROAD |
| 26 Jun 2023 | £433,515 | £430,000 | FLAT 17 WYATT HOUSE WEMYSS ROAD |
| 25 Nov 2022 | £492,021 | £500,000 | FLAT 5 FALCONWOOD COURT, 24 MONTPELIER ROW |
| 25 Apr 2022 | £307,692 | £300,000 | FLAT 4 FALCONWOOD COURT, 24 MONTPELIER ROW |
| 13 Apr 2022 | £717,949 | £700,000 | APARTMENT 7 5 WEMYSS ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 21 Mar 2016. Using an estimated price of £887,587 means this house is valued at £8,295 per sq meter (£770 per sq foot).
The average size of a house on MONTPELIER ROW is 65 sq meters (707 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Montpelier Vale |
| Apr 2024 | Anti-social behaviour | On or near Montpelier Vale | |
| Jan 2024 | Anti-social behaviour | On or near Montpelier Vale | |
| Jan 2024 | Anti-social behaviour | On or near Montpelier Vale | |
| Jan 2024 | Anti-social behaviour | On or near Montpelier Vale |