£390,716
This estimated value is based upon the latest sale price for the house of £250,000 on 1 Nov 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 11, Pepys House, Greenwich Quay Clarence Road, Pepys House, Greenwich Quay Clarence Road, London, SE8 3EY
Phone: 02036414879
| Price Paid | Date |
|---|---|
| £250,000 | 1 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 662 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 November 2007 the House Price Index for GREATER LONDON was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £250,000 results in an estimated price of approximately £390,716.
| 1 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £250,000 | £140,716 | £390,716 |
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 | 78.341 % | £195,853 | £445,853 |
| 3 Month Average | 55.219 % | £138,047 | £388,047 |
| 6 Month Average | 58.705 % | £146,762 | £396,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £362,145 | £359,000 | FLAT 16 BABBAGE POINT, 20 NORMAN ROAD |
| 14 Feb 2023 | £508,396 | £505,000 | FLAT 19 BABBAGE POINT, 20 NORMAN ROAD |
| 19 Apr 2022 | £115,154 | £111,000 | FLAT 13 BABBAGE POINT, 20 NORMAN ROAD |
| 22 Oct 2021 | £540,614 | £485,000 | FLAT 12 BABBAGE POINT, 20 NORMAN ROAD |
| 31 Aug 2021 | £777,721 | £692,000 | FLAT 72 BABBAGE POINT, 20 NORMAN ROAD |
This house has a floor area of 61 sq meters or 662 sq feet when measured on 13 Jan 2011. Using an estimated price of £390,717 means this house is valued at £6,348 per sq meter (£589 per sq foot).
The average size of a house on NORMAN ROAD is 70 sq meters (757 sq feet).