£1,857,086
This estimated value is based upon the latest sale price for the house of £1,704,500 on 24 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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179 Kennington Lane, London, SE11 4EZ
Phone: 02030074597
| Price Paid | Date |
|---|---|
| £1,704,500 | 24 Nov 2021 |
| £1,200,000 | 25 Jan 2013 |
| £690,000 | 1 Jul 2005 |
| £340,000 | 23 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £1,704,500 results in an estimated price of approximately £1,857,086.
| 24 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £1,704,500 | £152,586 | £1,857,086 |
The Postcode Pricing Model uses changes in average sales price within the SE11 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 | 13.323 % | £227,083 | £1,931,583 |
| 3 Month Average | -27.997 % | £-477,204 | £1,227,295 |
| 6 Month Average | -12.318 % | £-209,951 | £1,494,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £1,753,894 | £1,700,000 | 32 CLEAVER SQUARE |
| 7 Sep 2023 | £1,370,205 | £1,340,000 | 50 CLEAVER SQUARE |
| 23 Jun 2023 | £1,418,425 | £1,390,000 | 31 CLEAVER SQUARE |
| 23 Feb 2023 | £1,988,282 | £1,975,000 | 15 CLEAVER SQUARE |
| 6 Feb 2023 | £1,661,096 | £1,650,000 | 34 CLEAVER SQUARE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 10 May 2018. Using an estimated price of £1,857,086 means this house is valued at £13,264 per sq meter (£1,232 per sq foot).
The average size of a house on CLEAVER SQUARE is 148 sq meters (1,594 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Cleaver Square | |
| Oct 2024 | Robbery | Investigation complete; no suspect identified | On or near Cleaver Square |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cleaver Square |
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Cleaver Square |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cleaver Square |