£517,832
This estimated value is based upon the latest sale price for the house of £280,000 on 11 May 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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247 Lewisham Way, London, SE4 1XF
Phone: 02081280173
| Price Paid | Date |
|---|---|
| £280,000 | 11 May 2009 |
| £290,000 | 7 Jul 2004 |
| £290,000 | 7 Jul 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 136 sq meters or 1,464 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 2009 the House Price Index for GREATER LONDON was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £280,000 results in an estimated price of approximately £517,832.
| 11 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £280,000 | £237,832 | £517,832 |
The Postcode Pricing Model uses changes in average sales price within the SE4 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 | -11.049 % | £-30,937 | £249,062 |
| 3 Month Average | 170.560 % | £477,567 | £757,567 |
| 6 Month Average | 140.724 % | £394,027 | £674,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £514,930 | £508,000 | 1 TACK MEWS |
| 2 Mar 2023 | £695,048 | £688,500 | 15C TRESSILLIAN ROAD |
| 26 Jan 2023 | £587,234 | £590,000 | 39D TRESSILLIAN ROAD |
| 2 Sep 2022 | £2,122,857 | £2,140,000 | 54 TRESSILLIAN ROAD |
| 11 Aug 2022 | £2,144,228 | £2,150,000 | 50 TRESSILLIAN ROAD |
This house has a floor area of 136 sq meters or 1,464 sq feet when measured on 11 Feb 2009. Using an estimated price of £517,832 means this house is valued at £3,806 per sq meter (£353 per sq foot).
The average size of a house on TRESSILLIAN ROAD is 88 sq meters (952 sq feet).