£706,720
This estimated value is based upon the latest sale price for the house of £535,000 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 11, Pepys House, Greenwich Quay Clarence Road, Pepys House, Greenwich Quay Clarence Road, London, SE8 3EY
Phone: 02036414879
| Price Paid | Date |
|---|---|
| £535,000 | 2 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £535,000 results in an estimated price of approximately £706,720.
| 2 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £535,000 | £171,720 | £706,720 |
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 | -16.619 % | £-88,911 | £446,088 |
| 3 Month Average | -0.917 % | £-4,908 | £530,091 |
| 6 Month Average | 0.182 % | £971 | £535,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £544,827 | £535,000 | FLAT 802 CALEDONIAN POINT, 34 NORMAN ROAD |
| 23 Sep 2022 | £669,553 | £670,000 | FLAT 601 CALEDONIAN POINT, 34 NORMAN ROAD |
| 17 Jun 2022 | £500,703 | £490,000 | FLAT 503 CALEDONIAN POINT, 34 NORMAN ROAD |
| 22 Mar 2022 | £401,914 | £385,000 | 32 NORMAN ROAD |
| 16 Dec 2021 | £399,344 | £370,000 | FLAT 605 CALEDONIAN POINT, 34 NORMAN ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 10 Jun 2016. Using an estimated price of £706,721 means this house is valued at £9,550 per sq meter (£887 per sq foot).
The average size of a house on NORMAN ROAD is 70 sq meters (757 sq feet).