£754,101
This estimated value is based upon the latest sale price for the house of £500,000 on 22 Aug 2014. 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 |
---|---|
£500,000 | 22 Aug 2014 |
£300,000 | 20 Feb 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 August 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 50.820%.Applying this 50.820% change to the original purchase price of £500,000 results in an estimated price of approximately £754,101.
22 Aug 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.0 | 50.820 % | £500,000 | £254,101 | £754,101 |
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 | 29.329 % | £146,642 | £646,642 |
3 Month Average | 21.076 % | £105,381 | £605,381 |
6 Month Average | 39.941 % | £199,702 | £699,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Apr 2022 | £630,769 | £615,000 | 1 RANDALL COURT, 12 STEEDMAN STREET |
26 Jan 2022 | £429,745 | £410,000 | FLAT 202 9 STEEDMAN STREET |
10 Sep 2021 | £1,004,554 | £936,000 | RANDALL COURT, 12 STEEDMAN STREET |
22 Dec 2020 | £874,456 | £765,000 | 8 RANDALL COURT, 12 STEEDMAN STREET |
18 Aug 2020 | £595,918 | £499,000 | FLAT 406 9 STEEDMAN STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 1 Feb 2020. Using an estimated price of £754,102 means this house is valued at £12,162 per sq meter (£1,129 per sq foot).
The average size of a house on STEEDMAN STREET is 67 sq meters (725 sq feet).