£534,194
This estimated value is based upon the latest sale price for the house of £475,000 on 1 Apr 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Blackheath Village, Blackheath,, SE3 9LA
Phone: 02080334599
| Price Paid | Date |
|---|---|
| £475,000 | 1 Apr 2021 |
| £435,000 | 10 Oct 2014 |
| £285,000 | 19 Mar 2010 |
| £235,000 | 18 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 762 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 April 2021 the House Price Index for GREATER LONDON was 131.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.462%.Applying this 12.462% change to the original purchase price of £475,000 results in an estimated price of approximately £534,194.
| 1 Apr 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.0 | 12.462 % | £475,000 | £59,194 | £534,194 |
The Postcode Pricing Model uses changes in average sales price within the SE3 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 | 16.360 % | £77,711 | £552,711 |
| 3 Month Average | 11.479 % | £54,524 | £529,524 |
| 6 Month Average | 23.168 % | £110,048 | £585,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £463,774 | £455,000 | FLAT 6 11 THE PARAGON |
| 1 Dec 2023 | £1,452,479 | £1,425,000 | FLAT 6 7 - 8 THE PARAGON |
| 22 Aug 2023 | £477,906 | £475,000 | 49 FULTHORP ROAD |
| 26 Jun 2023 | £413,352 | £410,000 | 4 FULTHORP ROAD |
| 16 Jan 2023 | £594,771 | £599,995 | FLAT 3 6 THE PARAGON |
This house has a floor area of 70 sq meters or 762 sq feet when measured on 16 Dec 2009. Using an estimated price of £534,194 means this house is valued at £7,536 per sq meter (£700 per sq foot).
The average size of a house on MERRYFIELD is 82 sq meters (885 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Merryfield | |
| Feb 2024 | Anti-social behaviour | On or near Merryfield | |
| Jan 2024 | Anti-social behaviour | On or near Merryfield | |
| Jan 2024 | Anti-social behaviour | On or near Merryfield | |
| Jan 2024 | Anti-social behaviour | On or near Merryfield |