£394,736
This estimated value is based upon the latest sale price for the house of £330,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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14 The Village, London, SE7 8UD
Phone: 02080332434
| Price Paid | Date |
|---|---|
| £330,000 | 11 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £330,000 results in an estimated price of approximately £394,736.
| 11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £330,000 | £64,736 | £394,736 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | -19.215 % | £-63,409 | £266,590 |
| 3 Month Average | 20.632 % | £68,086 | £398,086 |
| 6 Month Average | 13.529 % | £44,646 | £374,646 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £190,000 | £190,000 | FLAT 28 CHESTERFORD HOUSE PORTWAY GARDENS |
| 27 Jun 2023 | £321,442 | £315,000 | 25 ABERFORD GARDENS |
| 15 Jul 2022 | £166,670 | £165,000 | FLAT 7 HURRICANE HOUSE GUNYARD MEWS |
| 10 Feb 2022 | £209,707 | £198,500 | FLAT 9 CHESTERFORD HOUSE PORTWAY GARDENS |
| 15 Dec 2021 | £384,234 | £356,000 | 3 ABERFORD GARDENS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 21 May 2020. Using an estimated price of £394,736 means this house is valued at £5,193 per sq meter (£482 per sq foot).
The average size of a house on PALLET WAY is 119 sq meters (1,288 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pallet Way |
| Oct 2024 | Anti-social behaviour | On or near Pallet Way | |
| Aug 2024 | Drugs | Further investigation is not in the public interest | On or near Pallet Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pallet Way |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pallet Way |