£531,238
This estimated value is based upon the latest sale price for the house of £425,000 on 18 Jan 2018. 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 |
|---|---|
| £425,000 | 18 Jan 2018 |
| £342,550 | 25 Jul 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 640 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 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £425,000 results in an estimated price of approximately £531,238.
| 18 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.0 | 24.997 % | £425,000 | £106,238 | £531,238 |
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 | 0.590 % | £2,508 | £427,508 |
| 3 Month Average | -19.724 % | £-83,827 | £341,172 |
| 6 Month Average | -16.038 % | £-68,162 | £356,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £358,210 | £357,000 | 16 WINCHESTER CLOSE |
| 24 Nov 2023 | £324,162 | £320,000 | 79 WINCHESTER CLOSE |
| 9 Aug 2023 | £20,122 | £20,000 | 7 KENNINGTON LANE |
| 8 Aug 2023 | £352,141 | £350,000 | FLAT 1 ALBERT HOUSE KENNINGTON LANE |
| 8 Aug 2023 | £518,151 | £515,000 | FLAT 8 ALBERT HOUSE KENNINGTON LANE |
This house has a floor area of 59 sq meters or 640 sq feet when measured on 17 Jul 2010. Using an estimated price of £531,239 means this house is valued at £8,926 per sq meter (£829 per sq foot).
The average size of a house on WINCHESTER CLOSE is 57 sq meters (618 sq feet).
This house is the largest in the street with a floor area of 59 sq meters (640 sq feet).