£648,650
This estimated value is based upon the latest sale price for the house of £525,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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247 Lewisham Way, London, SE4 1XF
Phone: 02081280173
| Price Paid | Date |
|---|---|
| £525,000 | 29 Nov 2019 |
| £375,000 | 29 Nov 2013 |
| £72,000 | 8 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £525,000 results in an estimated price of approximately £648,650.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £525,000 | £123,650 | £648,650 |
The Postcode Pricing Model uses changes in average sales price within the SE4 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 | 75.373 % | £395,708 | £920,708 |
| 3 Month Average | 16.619 % | £87,247 | £612,247 |
| 6 Month Average | 9.474 % | £49,740 | £574,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £851,154 | £825,000 | 20B HILLY FIELDS CRESCENT |
| 13 Oct 2023 | £2,261,360 | £2,210,000 | 15 CRESCENT WAY |
| 7 Sep 2023 | £462,700 | £452,500 | FLAT 2 55 BREAKSPEARS ROAD |
| 31 Mar 2023 | £508,492 | £500,000 | FLAT B 9 HILLY FIELDS CRESCENT |
| 27 Jan 2023 | £1,193,188 | £1,190,000 | 7 HILLY FIELDS CRESCENT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 10 Oct 2013. Using an estimated price of £648,650 means this house is valued at £8,108 per sq meter (£753 per sq foot).
The average size of a house on TRESSILLIAN ROAD is 88 sq meters (952 sq feet).