£347,267
This estimated value is based upon the latest sale price for the house of £220,000 on 1 Feb 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Slocum Close, London, SE28 8LQ
Phone: 02080220383
Price Paid | Date |
---|---|
£220,000 | 1 Feb 2008 |
£92,995 | 28 Aug 1998 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 726 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 February 2008 the House Price Index for GREATER LONDON was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £220,000 results in an estimated price of approximately £347,267.
1 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 149.7 | 57.849 % | £220,000 | £127,267 | £347,267 |
The Postcode Pricing Model uses changes in average sales price within the SE28 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 | 66.737 % | £146,821 | £366,821 |
3 Month Average | 62.371 % | £137,216 | £357,216 |
6 Month Average | 66.160 % | £145,552 | £365,552 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £198,582 | £195,000 | 76 FAIRWAY DRIVE |
14 Apr 2022 | £228,233 | £220,000 | 82 FAIRWAY DRIVE |
30 Jun 2021 | £293,996 | £272,000 | 7 WENTWORTH CLOSE |
18 Nov 2020 | £233,587 | £200,000 | 19 WOBURN CLOSE |
16 Nov 2020 | £216,068 | £185,000 | 18 FAIRWAY DRIVE |
This house has a floor area of 67 sq meters or 726 sq feet when measured on 11 Aug 2009. Using an estimated price of £347,268 means this house is valued at £5,144 per sq meter (£477 per sq foot).
The average size of a house on SUMMERTON WAY is 86 sq meters (931 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Turnbury Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Turnbury Close |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Turnbury Close |
Sep 2024 | Anti-social behaviour | On or near Woburn Close | |
Sep 2024 | Anti-social behaviour | On or near Woburn Close |