£711,200
This estimated value is based upon the latest sale price for the house of £560,000 on 15 Nov 2017. 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 |
---|---|
£560,000 | 15 Nov 2017 |
Freehold |
Floor Area: 79 sq meters or 858 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 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £560,000 results in an estimated price of approximately £711,200.
15 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £560,000 | £151,200 | £711,200 |
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 | 20.350 % | £113,960 | £673,960 |
3 Month Average | 34.545 % | £193,449 | £753,449 |
6 Month Average | -13.705 % | £-76,745 | £483,254 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £312,716 | £310,000 | FLAT 12 SWANLEY HOUSE KINGLAKE ESTATE |
27 Oct 2023 | £315,158 | £308,000 | FLAT 20 SWANLEY HOUSE KINGLAKE ESTATE |
20 Oct 2022 | £333,885 | £335,000 | FLAT 24 RIDDELL COURT, 20 ALBANY ROAD |
20 Dec 2021 | £812,719 | £753,000 | 28 MARCIA ROAD |
3 Aug 2021 | £310,189 | £276,000 | FLAT 23 SWANLEY HOUSE KINGLAKE ESTATE |
This house has a floor area of 79 sq meters or 858 sq feet when measured on 20 Aug 2009. Using an estimated price of £711,201 means this house is valued at £8,912 per sq meter (£827 per sq foot).
The average size of a house on OLD KENT ROAD is 61 sq meters (657 sq feet).