£699,652
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Mar 2002. 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 |
|---|---|
| £230,000 | 15 Mar 2002 |
| £129,950 | 1 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2002 the House Price Index for GREATER LONDON was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £230,000 results in an estimated price of approximately £699,652.
| 15 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £230,000 | £469,652 | £699,652 |
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 | 238.597 % | £548,774 | £778,774 |
| 3 Month Average | 262.477 % | £603,696 | £833,696 |
| 6 Month Average | 286.430 % | £658,788 | £888,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £402,210 | £392,000 | 9 LLOYD VILLAS |
| 22 Nov 2023 | £595,106 | £580,000 | 36A BREAKSPEARS ROAD |
| 19 Oct 2023 | £416,970 | £407,500 | 42 LLOYD VILLAS |
| 5 Apr 2023 | £509,530 | £500,000 | 32B BREAKSPEARS ROAD |
| 31 Mar 2023 | £564,934 | £555,500 | 32 BREAKSPEARS ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 30 Sep 2013. Using an estimated price of £699,652 means this house is valued at £7,861 per sq meter (£730 per sq foot).
The average size of a house on BREAKSPEARS MEWS is 100 sq meters (1,082 sq feet).