£397,903
This estimated value is based upon the latest sale price for the house of £205,000 on 16 Aug 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Union Street, London, SE1 1SZ
Phone: 02080332617
Price Paid | Date |
---|---|
£205,000 | 16 Aug 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 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 August 2004 the House Price Index for GREATER LONDON was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £205,000 results in an estimated price of approximately £397,903.
16 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 149.7 | 94.099 % | £205,000 | £192,903 | £397,903 |
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 | 99.408 % | £203,786 | £408,786 |
3 Month Average | 95.760 % | £196,307 | £401,307 |
6 Month Average | 104.638 % | £214,506 | £419,506 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Oct 2022 | £583,053 | £585,000 | FLAT 2 MAPLE BUILDING, 128 BOROUGH HIGH STREET |
25 Jul 2022 | £479,808 | £475,000 | FLAT 1 TRIANGLE COURT, 10 REDCROSS WAY |
9 Sep 2021 | £24,425 | £22,500 | 6 UNION STREET |
29 Jun 2021 | £959,809 | £888,000 | APARTMENT 5 WILTSHIRE HOUSE, 2 MAIDSTONE BUILDINGS MEWS |
25 Jun 2021 | £907,928 | £840,000 | APARTMENT 10 BRIDGEGATE HOUSE 116-118 BOROUGH HIGH STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 27 Jun 2019. Using an estimated price of £397,904 means this house is valued at £5,305 per sq meter (£492 per sq foot).
The average size of a house on UNION STREET is 80 sq meters (869 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redcross Way |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redcross Way |
Oct 2024 | Theft from the person | Under investigation | On or near Redcross Way |
Oct 2024 | Robbery | Under investigation | On or near Redcross Way |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redcross Way |