£235,527
This estimated value is based upon the latest sale price for the house of £149,995 on 25 Jan 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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18 Blake house, Porchester mead, London, BR3 1TN
Phone: 02077686894
Price Paid | Date |
---|---|
£149,995 | 25 Jan 2008 |
£115,000 | 16 Jun 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 January 2008 the House Price Index for GREATER LONDON was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £149,995 results in an estimated price of approximately £235,527.
25 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 149.7 | 57.023 % | £149,995 | £85,532 | £235,527 |
The Postcode Pricing Model uses changes in average sales price within the SE6 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 | 94.233 % | £141,345 | £291,340 |
3 Month Average | 91.477 % | £137,210 | £287,205 |
6 Month Average | 80.125 % | £120,184 | £270,179 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £250,000 | £250,000 | 105 LUSHINGTON ROAD |
22 Mar 2024 | £381,359 | £375,500 | 17 OAKVIEW ROAD |
30 Aug 2023 | £254,592 | £250,000 | 71 THURBARN ROAD |
11 Aug 2023 | £244,408 | £240,000 | 147 SEDGEHILL ROAD |
16 Aug 2022 | £401,879 | £400,000 | 31 OAKVIEW ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 1 Jul 2015. Using an estimated price of £235,527 means this house is valued at £4,529 per sq meter (£420 per sq foot).
The average size of a house on THURBARN ROAD is 67 sq meters (721 sq feet).