£306,860
This estimated value is based upon the latest sale price for the house of £180,000 on 19 Nov 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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124 Westmount Road, London, SE9 1UT
Phone: 02035446118
Price Paid | Date |
---|---|
£180,000 | 19 Nov 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 84 sq meters or 904 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 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £180,000 results in an estimated price of approximately £306,860.
19 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 149.7 | 70.478 % | £180,000 | £126,860 | £306,860 |
The Postcode Pricing Model uses changes in average sales price within the SE9 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 | 69.889 % | £125,800 | £305,800 |
3 Month Average | 96.197 % | £173,154 | £353,154 |
6 Month Average | 94.145 % | £169,460 | £349,460 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £457,022 | £450,000 | 124 OAKWAYS |
15 Dec 2023 | £511,863 | £496,134 | 121 OAKWAYS |
27 Oct 2023 | £383,715 | £375,000 | 12 OAKWAYS |
31 Aug 2023 | £366,612 | £360,000 | 65 OAKWAYS |
8 Jun 2023 | £364,301 | £357,000 | 92 OAKWAYS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Apr 2012. Using an estimated price of £306,861 means this house is valued at £3,653 per sq meter (£339 per sq foot).
The average size of a house on OAKWAYS is 90 sq meters (973 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Oakways | |
Sep 2024 | Anti-social behaviour | On or near Oakways | |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakways |
Sep 2024 | Anti-social behaviour | On or near Oakways |