£142,377
This estimated value is based upon the latest sale price for the house of £140,000 on 1 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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127 Queens Road, SE15 2ND
Phone: 02035445903
| Price Paid | Date |
|---|---|
| £140,000 | 1 Mar 2023 |
| £254,000 | 27 Mar 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 March 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £140,000 results in an estimated price of approximately £142,377.
| 1 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £140,000 | £2,377 | £142,377 |
The Postcode Pricing Model uses changes in average sales price within the SE15 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 | 36.604 % | £51,246 | £191,246 |
| 3 Month Average | 11.094 % | £15,531 | £155,531 |
| 6 Month Average | 0.837 % | £1,171 | £141,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £654,685 | £649,000 | 41 CLIFTON CRESCENT |
| 22 Sep 2023 | £312,898 | £306,000 | 154 BATH CLOSE |
| 20 Jun 2023 | £826,564 | £810,000 | 19 CLIFTON CRESCENT |
| 8 Jun 2023 | £488,693 | £478,900 | 31 CLIFTON CRESCENT |
| 2 Mar 2023 | £313,231 | £308,000 | 23 KING ARTHUR CLOSE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 10 Oct 2015. Using an estimated price of £142,378 means this house is valued at £3,095 per sq meter (£287 per sq foot).
The average size of a house on CULMORE ROAD is 98 sq meters (1,063 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Culmore Road |