£671,568
This estimated value is based upon the latest sale price for the house of £545,000 on 7 May 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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11 Stratheden Parade, Blackheath, SE3 7SX
Phone: 02036416276
| Price Paid | Date |
|---|---|
| £545,000 | 7 May 2020 |
| £525,000 | 10 Sep 2014 |
| £295,000 | 1 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £545,000 results in an estimated price of approximately £671,568.
| 7 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £545,000 | £126,568 | £671,568 |
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 | 4.800 % | £26,160 | £571,160 |
| 3 Month Average | 15.544 % | £84,716 | £629,716 |
| 6 Month Average | 9.660 % | £52,646 | £597,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £956,904 | £927,500 | 46 CRAIGERNE ROAD |
| 20 Oct 2023 | £644,641 | £630,000 | 28 HASSENDEAN ROAD |
| 29 Sep 2023 | £894,723 | £875,000 | 63 CRAIGERNE ROAD |
| 23 Aug 2023 | £628,842 | £617,500 | 12 HASSENDEAN ROAD |
| 23 Jun 2023 | £566,350 | £555,000 | 5 LYVEDEN ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 4 Aug 2014. Using an estimated price of £671,568 means this house is valued at £8,290 per sq meter (£770 per sq foot).
The average size of a house on FURZEFIELD ROAD is 90 sq meters (970 sq feet).