£359,637
This estimated value is based upon the latest sale price for the house of £225,000 on 6 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Building 46, Marlbourgh Road, SE18 6TA
Phone: 02036414062
Price Paid | Date |
---|---|
£225,000 | 6 Jun 2007 |
£190,000 | 25 Feb 2005 |
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 June 2007 the House Price Index for GREATER LONDON was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £225,000 results in an estimated price of approximately £359,637.
6 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 149.7 | 59.839 % | £225,000 | £134,637 | £359,637 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | 77.220 % | £173,744 | £398,744 |
3 Month Average | 76.101 % | £171,227 | £396,227 |
6 Month Average | 84.667 % | £190,500 | £415,500 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2024 | £453,942 | £450,000 | FLAT 16 BUILDING 48 MARLBOROUGH ROAD |
29 Sep 2023 | £460,143 | £450,000 | FLAT 36 BUILDING 48 MARLBOROUGH ROAD |
15 Sep 2023 | £541,947 | £530,000 | FLAT 19 BUILDING 48 MARLBOROUGH ROAD |
25 Aug 2023 | £485,761 | £477,000 | FLAT 38 BUILDING 48 MARLBOROUGH ROAD |
12 Jun 2023 | £579,105 | £567,500 | FLAT 4 BUILDING 49 ARGYLL ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 17 Jul 2012. Using an estimated price of £359,638 means this house is valued at £7,492 per sq meter (£696 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 91 sq meters (987 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Robbery | Investigation complete; no suspect identified | On or near Romney Road |
Oct 2024 | Robbery | Under investigation | On or near Romney Road |