£704,248
This estimated value is based upon the latest sale price for the house of £570,000 on 25 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6-8 Cole Street, Trinity Village, London, SE1 4YH
Phone: 02081152436
Price Paid | Date |
---|---|
£570,000 | 25 Nov 2019 |
£575,000 | 25 May 2016 |
£322,500 | 7 Aug 2007 |
£180,000 | 24 Jan 2001 |
£142,037 | 8 Aug 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £570,000 results in an estimated price of approximately £704,248.
25 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £570,000 | £134,248 | £704,248 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | 71.221 % | £405,959 | £975,959 |
3 Month Average | -27.620 % | £-157,433 | £412,566 |
6 Month Average | -15.109 % | £-86,120 | £483,879 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £674,877 | £660,000 | FLAT 29 BENTHAM HOUSE, 7 FALMOUTH ROAD |
1 Sep 2023 | £782,244 | £765,000 | FLAT 28 RUSSELL LODGE, 22 SPURGEON STREET |
9 Sep 2022 | £714,523 | £715,000 | FLAT 30 RUSSELL LODGE, 22 SPURGEON STREET |
8 Mar 2022 | £699,435 | £670,000 | FLAT 38 PORTLAND COURT, 1 FALMOUTH ROAD |
3 Dec 2021 | £701,550 | £650,000 | FLAT 1 SHAFTESBURY HOUSE TRINITY STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 28 Jan 2015. Using an estimated price of £704,249 means this house is valued at £14,671 per sq meter (£1,363 per sq foot).
The average size of a house on FALMOUTH ROAD is 72 sq meters (776 sq feet).