£822,225
This estimated value is based upon the latest sale price for the house of £550,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Mary Boast Walk, London, SE5 8SP
Phone: 02080224441
| Price Paid | Date |
|---|---|
| £550,000 | 29 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 49.496%.Applying this 49.496% change to the original purchase price of £550,000 results in an estimated price of approximately £822,225.
| 29 Aug 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 146.7 | 49.496 % | £550,000 | £272,225 | £822,225 |
The Postcode Pricing Model uses changes in average sales price within the SE5 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 | 57.204 % | £314,622 | £864,622 |
| 3 Month Average | 17.278 % | £95,026 | £645,026 |
| 6 Month Average | 25.127 % | £138,200 | £688,200 |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 12 May 2014.
The average size of a house on RAINBOW STREET is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rainbow Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rainbow Street |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Rainbow Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Rainbow Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Rainbow Street |