£691,256
This estimated value is based upon the latest sale price for the house of £500,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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377 Footscray Road, London, SE9 2DR
Phone: 02081152763
Price Paid | Date |
---|---|
£500,000 | 8 Jan 2016 |
£131,000 | 23 Dec 1999 |
Semi-Detached |
Freehold |
Floor Area: 150 sq meters or 1,617 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 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £500,000 results in an estimated price of approximately £691,256.
8 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £500,000 | £191,256 | £691,256 |
The Postcode Pricing Model uses changes in average sales price within the SE9 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 | 6.776 % | £33,880 | £533,880 |
3 Month Average | 39.621 % | £198,105 | £698,105 |
6 Month Average | 35.363 % | £176,814 | £676,814 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £574,585 | £560,000 | 763 SIDCUP ROAD |
27 Feb 2023 | £427,858 | £425,000 | 10 COLYER CLOSE |
1 Aug 2022 | £381,785 | £380,000 | 764 SIDCUP ROAD |
22 Jun 2022 | £316,771 | £310,000 | 40 COLYER CLOSE |
20 May 2022 | £338,827 | £330,000 | 3 COLYER CLOSE |
This house has a floor area of 150 sq meters or 1,617 sq feet when measured on 16 Apr 2011. Using an estimated price of £691,257 means this house is valued at £4,599 per sq meter (£427 per sq foot).
The average size of a house on SIDCUP ROAD is 113 sq meters (1,216 sq feet).