£967,670
This estimated value is based upon the latest sale price for the house of £598,000 on 24 Apr 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 - 42 Decima Street, London, SE1 4QQ
Phone: 02035422710
Price Paid | Date |
---|---|
£598,000 | 24 Apr 2007 |
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 April 2007 the House Price Index for GREATER LONDON was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £598,000 results in an estimated price of approximately £967,670.
24 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.5 | 149.7 | 61.818 % | £598,000 | £369,670 | £967,670 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | 66.455 % | £397,400 | £995,400 |
3 Month Average | 57.265 % | £342,443 | £940,443 |
6 Month Average | 73.193 % | £437,693 | £1,035,693 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £315,158 | £308,000 | FLAT 20 SWANLEY HOUSE KINGLAKE ESTATE |
13 Sep 2023 | £797,582 | £780,000 | 60 MARCIA ROAD |
24 Apr 2023 | £305,718 | £300,000 | 277A OLD KENT ROAD |
22 Sep 2022 | £407,228 | £407,500 | 274 OLD KENT ROAD |
20 Dec 2021 | £812,719 | £753,000 | 28 MARCIA ROAD |