£598,674
This estimated value is based upon the latest sale price for the house of £380,000 on 7 Mar 2008. 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 |
|---|---|
| £380,000 | 7 Mar 2008 |
| £290,000 | 30 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 March 2008 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.546%.Applying this 57.546% change to the original purchase price of £380,000 results in an estimated price of approximately £598,674.
| 7 Mar 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.546 % | £380,000 | £218,674 | £598,674 |
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 | 96.000 % | £364,800 | £744,800 |
| 3 Month Average | 75.135 % | £285,513 | £665,513 |
| 6 Month Average | 75.526 % | £286,997 | £666,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2022 | £633,326 | £615,000 | 1 RANDALL COURT, 12 STEEDMAN STREET |
| 26 Jan 2022 | £431,487 | £410,000 | FLAT 202 9 STEEDMAN STREET |
| 10 Sep 2021 | £1,008,627 | £936,000 | RANDALL COURT, 12 STEEDMAN STREET |
| 22 Dec 2020 | £878,001 | £765,000 | 8 RANDALL COURT, 12 STEEDMAN STREET |
| 18 Aug 2020 | £598,334 | £499,000 | FLAT 406 9 STEEDMAN STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 18 Jun 2021. Using an estimated price of £598,674 means this house is valued at £8,676 per sq meter (£806 per sq foot).
The average size of a house on STEEDMAN STREET is 67 sq meters (725 sq feet).