£2,184,641
This estimated value is based upon the latest sale price for the house of £356,500 on 30 Aug 2024. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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53 Banning Street, London, SE10 0NZ
Phone: 02045161607
| Price Paid | Date |
|---|---|
| £356,500 | 30 Aug 2024 |
| Flats/Maisonettes |
| Leasehold |
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 2024 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £356,500 results in an estimated price of approximately £2,184,641.
| 30 Aug 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £356,500 | £1,828,141 | £2,184,641 |
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 | 10.135 % | £36,131 | £392,631 |
| 3 Month Average | 5.217 % | £18,599 | £375,099 |
| 6 Month Average | 4.601 % | £16,402 | £372,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £471,000 | £471,000 | FLAT 28 47 COMMERELL STREET |
| 30 Aug 2024 | £356,500 | £356,500 | FLAT 19 49 COMMERELL STREET |
| 6 Nov 2023 | £456,590 | £445,000 | FLAT 11 51 COMMERELL STREET |
| 16 Aug 2023 | £633,424 | £622,000 | 80 BELLOT STREET |
| 15 Jun 2023 | £525,532 | £515,000 | FLAT 30 47 COMMERELL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Commerell Street | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Commerell Street |
| Sep 2024 | Anti-social behaviour | On or near Commerell Street | |
| Sep 2024 | Anti-social behaviour | On or near Commerell Street | |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Commerell Street |