£320,272
This estimated value is based upon the latest sale price for the house of £187,500 on 10 Feb 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Strata Pavillion, 4 Walworth Road, London, SE1 6EB
Phone: 02036417282
| Price Paid | Date |
|---|---|
| £187,500 | 10 Feb 2012 |
| £168,000 | 6 Nov 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 February 2012 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.812%.Applying this 70.812% change to the original purchase price of £187,500 results in an estimated price of approximately £320,272.
| 10 Feb 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.0 | 70.812 % | £187,500 | £132,772 | £320,272 |
The Postcode Pricing Model uses changes in average sales price within the SE17 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 | 159.961 % | £299,927 | £487,427 |
| 3 Month Average | 91.453 % | £171,473 | £358,973 |
| 6 Month Average | 76.121 % | £142,727 | £330,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £358,210 | £357,000 | 16 WINCHESTER CLOSE |
| 9 Aug 2023 | £20,122 | £20,000 | 7 KENNINGTON LANE |
| 8 Aug 2023 | £518,151 | £515,000 | FLAT 8 ALBERT HOUSE KENNINGTON LANE |
| 8 Aug 2023 | £352,141 | £350,000 | FLAT 1 ALBERT HOUSE KENNINGTON LANE |
| 7 Aug 2023 | £503,109 | £500,050 | FLAT 26 FALSTAFF COURT OPAL STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 21 Nov 2009. Using an estimated price of £320,273 means this house is valued at £6,672 per sq meter (£619 per sq foot).
The average size of a house on WESLEY CLOSE is 75 sq meters (807 sq feet).