£424,867
This estimated value is based upon the latest sale price for the house of £410,000 on 21 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-4 New King Street, London, SE8 3HS
Phone: 02080338661
| Price Paid | Date |
|---|---|
| £410,000 | 21 Mar 2022 |
| Flats/Maisonettes |
| Leasehold |
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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £410,000 results in an estimated price of approximately £424,867.
| 21 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £410,000 | £14,867 | £424,867 |
The Postcode Pricing Model uses changes in average sales price within the SE8 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 | 11.111 % | £45,555 | £455,555 |
| 3 Month Average | -5.117 % | £-20,978 | £389,021 |
| 6 Month Average | 24.127 % | £98,921 | £508,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £115,459 | £113,750 | APARTMENT 68 THE DRAKES, 390 EVELYN STREET |
| 14 Jul 2023 | £511,788 | £504,900 | FLAT 28 HAWKINS HOUSE NEW KING STREET |
| 26 Jun 2023 | £364,414 | £360,000 | FLAT F 19 WATERGATE STREET |
| 14 Mar 2023 | £348,281 | £345,000 | APARTMENT 30 THE DRAKES, 390 EVELYN STREET |
| 16 Aug 2022 | £199,463 | £200,000 | FLAT 18 LANGFORD HOUSE EVELYN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near New King Street | |
| Jan 2024 | Anti-social behaviour | On or near New King Street | |
| Jan 2024 | Anti-social behaviour | On or near New King Street | |
| Jan 2024 | Anti-social behaviour | On or near New King Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near New King Street |