£379,370
This estimated value is based upon the latest sale price for the house of £245,000 on 17 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Loampit Vale, London, SE13 7FR
Phone: 02080221824
| Price Paid | Date |
|---|---|
| £245,000 | 17 Jun 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £245,000 results in an estimated price of approximately £379,370.
| 17 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £245,000 | £134,370 | £379,370 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 21.795 % | £53,397 | £298,397 |
| 3 Month Average | 36.401 % | £89,181 | £334,181 |
| 6 Month Average | 51.036 % | £125,038 | £370,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £493,295 | £490,000 | 6 NECTARINE WAY |
| 18 Nov 2022 | £218,976 | £220,000 | 1 ARMOURY ROAD |
| 18 Aug 2022 | £401,879 | £400,000 | 29 NECTARINE WAY |
| 10 Feb 2022 | £271,510 | £257,000 | 45 ARMOURY ROAD |
| 30 Sep 2021 | £282,248 | £260,000 | 56 ARMOURY ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 28 Feb 2014. Using an estimated price of £379,371 means this house is valued at £5,126 per sq meter (£476 per sq foot).
The average size of a house on RUSSETT WAY is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elverson Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Elverson Road |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Elverson Road |
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near Elverson Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Elverson Road |