£542,495
This estimated value is based upon the latest sale price for the house of £317,500 on 29 Jun 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
53 Banning Street, London, SE10 0NZ
Phone: 02045161607
| Price Paid | Date |
|---|---|
| £317,500 | 29 Jun 2012 |
| £129,950 | 26 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 833 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 June 2012 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.865%.Applying this 70.865% change to the original purchase price of £317,500 results in an estimated price of approximately £542,495.
| 29 Jun 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.865 % | £317,500 | £224,995 | £542,495 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | 44.254 % | £140,506 | £458,006 |
| 3 Month Average | 41.381 % | £131,384 | £448,884 |
| 6 Month Average | 58.342 % | £185,236 | £502,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £356,500 | £356,500 | FLAT 19 49 COMMERELL STREET |
| 30 Aug 2024 | £471,000 | £471,000 | FLAT 28 47 COMMERELL STREET |
| 17 Nov 2023 | £736,187 | £717,500 | 73 MAURITIUS ROAD |
| 6 Nov 2023 | £456,590 | £445,000 | FLAT 11 51 COMMERELL STREET |
| 15 Jun 2023 | £525,532 | £515,000 | FLAT 30 47 COMMERELL STREET |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 12 Feb 2012. Using an estimated price of £542,495 means this house is valued at £7,001 per sq meter (£650 per sq foot).
The average size of a house on MAURITIUS ROAD is 87 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Mauritius Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mauritius Road |