£866,018
This estimated value is based upon the latest sale price for the house of £705,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Minard Road, SE6 1NP
Phone: 02081155937
| Price Paid | Date |
|---|---|
| £705,000 | 26 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £705,000 results in an estimated price of approximately £866,018.
| 26 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £705,000 | £161,018 | £866,018 |
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 | -30.538 % | £-215,296 | £489,703 |
| 3 Month Average | -9.333 % | £-65,798 | £639,201 |
| 6 Month Average | -4.652 % | £-32,799 | £672,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £239,532 | £235,000 | FIRST FLOOR FLAT 358 BROWNHILL ROAD |
| 13 Nov 2023 | £257,303 | £254,000 | FLAT C 118 WELLMEADOW ROAD |
| 28 Jul 2023 | £424,011 | £420,000 | 5A BROADFIELD ROAD |
| 9 Jan 2023 | £260,214 | £262,500 | 26A BROADFIELD ROAD |
| 1 Nov 2022 | £270,612 | £275,000 | FLAT 1 352A BROWNHILL ROAD |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 26 Jul 2016. Using an estimated price of £866,018 means this house is valued at £5,378 per sq meter (£499 per sq foot).
The average size of a house on WELLMEADOW ROAD is 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Wellmeadow Road | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wellmeadow Road |
| Mar 2024 | Anti-social behaviour | On or near Wellmeadow Road | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Wellmeadow Road |
| Feb 2024 | Anti-social behaviour | On or near Wellmeadow Road |