£500,117
This estimated value is based upon the latest sale price for the house of £320,000 on 22 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 |
|---|---|
| £320,000 | 22 Nov 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 644 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 £320,000 results in an estimated price of approximately £500,117.
| 22 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 149.7 | 56.287 % | £320,000 | £180,117 | £500,117 |
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 % | £250,692 | £570,692 |
| 3 Month Average | 55.219 % | £176,700 | £496,700 |
| 6 Month Average | 58.705 % | £187,856 | £507,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2021 | £455,015 | £400,000 | FLAT 24 1 TARVES WAY |
| 24 Mar 2020 | £424,673 | £350,000 | FLAT 35 1 TARVES WAY |
| 20 Sep 2018 | £533,368 | £428,750 | FLAT 13 47 NORMAN ROAD |
| 8 May 2018 | £485,029 | £386,000 | FLAT 60 1 TARVES WAY |
| 30 Apr 2018 | £776,501 | £617,500 | FLAT 76 1 TARVES WAY |
This house has a floor area of 59 sq meters or 644 sq feet when measured on 22 Nov 2010. Using an estimated price of £500,118 means this house is valued at £8,349 per sq meter (£775 per sq foot).
The average size of a house on NORMAN ROAD is 70 sq meters (757 sq feet).