£1,027,653
This estimated value is based upon the latest sale price for the house of £1,005,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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236 Railton Road, Herne Hill, SE24 0JT
Phone: 02080222681
| Price Paid | Date |
|---|---|
| £1,005,000 | 29 Sep 2023 |
| £960,000 | 7 Nov 2016 |
| £90,000 | 8 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £1,005,000 results in an estimated price of approximately £1,027,653.
| 29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £1,005,000 | £22,653 | £1,027,653 |
The Postcode Pricing Model uses changes in average sales price within the SE24 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 | -14.308 % | £-143,797 | £861,202 |
| 3 Month Average | -8.203 % | £-82,440 | £922,559 |
| 6 Month Average | -17.171 % | £-172,569 | £832,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £457,022 | £450,000 | 48 SHAKESPEARE ROAD |
| 29 Sep 2023 | £1,027,654 | £1,005,000 | 55 MILTON ROAD |
| 29 Sep 2023 | £879,385 | £860,000 | 169 RAILTON ROAD |
| 15 Mar 2023 | £269,501 | £265,000 | FLAT 3 28 MILTON ROAD |
| 25 Jan 2023 | £365,978 | £365,000 | SECOND FLOOR FLAT 6 MILTON ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 31 May 2016. Using an estimated price of £1,027,654 means this house is valued at £11,949 per sq meter (£1,110 per sq foot).
The average size of a house on MILTON ROAD is 110 sq meters (1,191 sq feet).