£664,942
This estimated value is based upon the latest sale price for the house of £245,000 on 10 Sep 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 6 128 Metcalfe Court, West Parkside, London, SE10 0EL
Phone: 02034782978
Price Paid | Date |
---|---|
£245,000 | 10 Sep 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 790 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 September 2002 the House Price Index for GREATER LONDON was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £245,000 results in an estimated price of approximately £664,942.
10 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 149.7 | 171.405 % | £245,000 | £419,942 | £664,942 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | 127.765 % | £313,023 | £558,023 |
3 Month Average | 115.358 % | £282,626 | £527,626 |
6 Month Average | 125.956 % | £308,591 | £553,591 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £284,369 | £280,000 | APARTMENT 15 BECQUEREL COURT WEST PARKSIDE |
13 Aug 2020 | £597,931 | £495,000 | APARTMENT 17 BECQUEREL COURT WEST PARKSIDE |
6 Dec 2019 | £546,244 | £442,000 | APARTMENT 5 BECQUEREL COURT WEST PARKSIDE |
8 Aug 2019 | £394,216 | £318,000 | APARTMENT 55 BECQUEREL COURT CHILD LANE |
29 Aug 2018 | £373,818 | £300,000 | FLAT 8 KILBY COURT CHILD LANE |
This house has a floor area of 73 sq meters or 790 sq feet when measured on 18 Apr 2009. Using an estimated price of £664,942 means this house is valued at £9,059 per sq meter (£841 per sq foot).
The average size of a house on CHILD LANE is 73 sq meters (787 sq feet).