£822,382
This estimated value is based upon the latest sale price for the house of £665,000 on 17 Apr 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Mitre Passage, Greenwich Peninsula, London, SE10 0ER
Phone: 02081667212
| Price Paid | Date |
|---|---|
| £665,000 | 17 Apr 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 April 2020 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £665,000 results in an estimated price of approximately £822,382.
| 17 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £665,000 | £157,382 | £822,382 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | -10.349 % | £-68,822 | £596,177 |
| 3 Month Average | -13.422 % | £-89,257 | £575,742 |
| 6 Month Average | -11.747 % | £-78,114 | £586,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2020 | £686,350 | £555,000 | FLAT 303 4 CUTTER LANE |
| 17 Apr 2020 | £704,900 | £570,000 | FLAT 805 4 CUTTER LANE |
| 17 Apr 2020 | £698,716 | £565,000 | FLAT 606 4 CUTTER LANE |
| 17 Apr 2020 | £704,900 | £570,000 | FLAT 804 4 CUTTER LANE |
| 17 Apr 2020 | £754,366 | £610,000 | FLAT 1803 4 CUTTER LANE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 16 Sep 2019. Using an estimated price of £822,383 means this house is valued at £13,938 per sq meter (£1,294 per sq foot).
The average size of a house on CUTTER LANE is 69 sq meters (748 sq feet).