£518,679
This estimated value is based upon the latest sale price for the house of £340,000 on 14 Aug 2014. 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 |
|---|---|
| £340,000 | 14 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £340,000 results in an estimated price of approximately £518,679.
| 14 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £340,000 | £178,679 | £518,679 |
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 | 70.382 % | £239,298 | £579,298 |
| 3 Month Average | 37.978 % | £129,126 | £469,126 |
| 6 Month Average | 48.219 % | £163,944 | £503,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £158,494 | £155,000 | FLAT 14 ROWALLAN COURT CUMBERLAND PLACE |
| 9 Jun 2023 | £423,487 | £415,000 | 90 SOUTH PARK CRESCENT |
| 28 Apr 2023 | £229,289 | £225,000 | FLAT 14 MCMILLAN COURT CUMBERLAND PLACE |
| 16 Jan 2023 | £220,589 | £220,000 | FLAT 3 ROWALLAN COURT CUMBERLAND PLACE |
| 3 Feb 2022 | £221,856 | £210,000 | FLAT 11 MERIDIAN COURT CUMBERLAND PLACE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 28 Feb 2014. Using an estimated price of £518,679 means this house is valued at £6,403 per sq meter (£594 per sq foot).
The average size of a house on SOUTH PARK CRESCENT is 96 sq meters (1,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near South Park Crescent |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near South Park Crescent |
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near South Park Crescent |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near South Park Crescent |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near South Park Crescent |