£840,653
This estimated value is based upon the latest sale price for the house of £481,500 on 1 Jun 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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169 New Kent Road, London, SE1 4AG
Phone: 02080220747
Price Paid | Date |
---|---|
£481,500 | 1 Jun 2011 |
£400,000 | 26 Oct 2006 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,249 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 June 2011 the House Price Index for GREATER LONDON was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £481,500 results in an estimated price of approximately £840,653.
1 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 149.7 | 74.591 % | £481,500 | £359,153 | £840,653 |
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 | 162.409 % | £781,997 | £1,263,497 |
3 Month Average | 85.030 % | £409,420 | £890,920 |
6 Month Average | 87.536 % | £421,485 | £902,985 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jun 2024 | £955,000 | £955,000 | FLAT 10 20 LIVERPOOL GROVE |
27 Jun 2023 | £816,360 | £800,000 | 1 BALMORAL COURT, 40 MERROW STREET |
26 Jun 2023 | £540,838 | £530,000 | 37 QUEENS ROW |
14 Jun 2023 | £969,427 | £950,000 | FLAT 9 20 LIVERPOOL GROVE |
13 Feb 2023 | £402,690 | £400,000 | 1D HORSLEY STREET |
This house has a floor area of 116 sq meters or 1,249 sq feet when measured on 5 Jan 2011. Using an estimated price of £840,654 means this house is valued at £7,240 per sq meter (£672 per sq foot).
The average size of a house on MERROW STREET is 75 sq meters (815 sq feet).