£716,347
This estimated value is based upon the latest sale price for the house of £244,000 on 23 May 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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40 - 42 Decima Street, London, SE1 4QQ
Phone: 02035422710
Price Paid | Date |
---|---|
£244,000 | 23 May 2002 |
£205,000 | 30 Nov 2000 |
£123,000 | 23 Apr 1999 |
£80,000 | 6 Feb 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 123 sq meters or 1,323 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 May 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £244,000 results in an estimated price of approximately £716,347.
23 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 149.7 | 193.585 % | £244,000 | £472,347 | £716,347 |
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 | 103.660 % | £252,929 | £496,929 |
3 Month Average | 115.538 % | £281,911 | £525,911 |
6 Month Average | 133.800 % | £326,471 | £570,471 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £243,745 | £240,000 | FLAT 13 PRESTON HOUSE PRESTON CLOSE |
1 Dec 2023 | £242,450 | £235,000 | FLAT 8 PRESTON HOUSE PRESTON CLOSE |
25 Oct 2023 | £322,321 | £315,000 | FLAT 22 TOWER WALK, 3 LEROY STREET |
6 Sep 2023 | £383,453 | £375,000 | FLAT 1 PRESTON HOUSE PRESTON CLOSE |
3 Apr 2023 | £241,517 | £237,000 | FLAT 4 PRESTON HOUSE PRESTON CLOSE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 21 Aug 2020. Using an estimated price of £716,347 means this house is valued at £5,823 per sq meter (£541 per sq foot).
The average size of a house on OLD KENT ROAD is 61 sq meters (657 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Theft from the person | Under investigation | On or near Mason Street |
Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Mason Street |
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Mason Street |
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Mason Street |
Oct 2024 | Other theft | Under investigation | On or near Preston Close |