£487,719
This estimated value is based upon the latest sale price for the house of £490,000 on 1 Nov 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Albert Road
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87 Mottingham Road, London, SE9 4TJ
Phone: 02080337720
Price Paid | Date |
---|---|
£490,000 | 1 Nov 2022 |
£330,500 | 25 Oct 2017 |
£202,500 | 11 Mar 2011 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 919 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 November 2022 the House Price Index for GREATER LONDON was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £490,000 results in an estimated price of approximately £487,719.
1 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.4 | 149.7 | -0.465 % | £490,000 | £-2,280 | £487,719 |
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 | -23.547 % | £-115,380 | £374,619 |
3 Month Average | 8.119 % | £39,785 | £529,785 |
6 Month Average | 1.585 % | £7,764 | £497,764 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £302,650 | £298,000 | 4 MODEL FARM CLOSE |
27 Sep 2023 | £460,143 | £450,000 | APARTMENT 4 GRACE COURT, 20A ALBERT ROAD |
17 Aug 2023 | £276,595 | £271,606 | 1 ALBERT ROAD |
15 Aug 2023 | £464,375 | £456,000 | APARTMENT 8 GRACE COURT 20A ALBERT ROAD |
1 Nov 2022 | £487,719 | £490,000 | 28 ALBERT ROAD |
This house has a floor area of 85 sq meters or 919 sq feet when measured on 5 Nov 2010. Using an estimated price of £487,719 means this house is valued at £5,710 per sq meter (£530 per sq foot).
The average size of a house on ALBERT ROAD is 85 sq meters (915 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Albert Road |
Oct 2024 | Anti-social behaviour | On or near Model Farm Close | |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Model Farm Close |
Oct 2024 | Anti-social behaviour | On or near Model Farm Close | |
Oct 2024 | Anti-social behaviour | On or near Model Farm Close |