£489,256
This estimated value is based upon the latest sale price for the house of £87,950 on 11 Sep 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Fuel Tank, 8-12 Creekside, London, SE8 3DX
Phone: 02034632607
| Price Paid | Date |
|---|---|
| £87,950 | 11 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 820 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 September 1996 the House Price Index for GREATER LONDON was 26.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 456.289%.Applying this 456.289% change to the original purchase price of £87,950 results in an estimated price of approximately £489,256.
| 11 Sep 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 149.7 | 456.289 % | £87,950 | £401,306 | £489,256 |
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 | 276.903 % | £243,536 | £331,486 |
| 3 Month Average | 451.540 % | £397,129 | £485,079 |
| 6 Month Average | 393.169 % | £345,792 | £433,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £435,000 | £435,000 | FLAT 1 BARNSTAPLE HOUSE DEVONSHIRE DRIVE |
| 3 Apr 2024 | £1,215,556 | £1,205,000 | 19 CHARTER BUILDINGS CATHERINE GROVE |
| 21 Mar 2024 | £502,724 | £495,000 | 8 CHARTER BUILDINGS CATHERINE GROVE |
| 5 Mar 2024 | £309,759 | £305,000 | FLAT 13 PLYMOUTH HOUSE DEVONSHIRE DRIVE |
| 3 Nov 2023 | £1,138,910 | £1,110,000 | 68 GREENWICH HIGH ROAD |
This house has a floor area of 76 sq meters or 820 sq feet when measured on 9 Dec 2010. Using an estimated price of £489,256 means this house is valued at £6,415 per sq meter (£596 per sq foot).
The average size of a house on CATHERINE GROVE is 93 sq meters (1,009 sq feet).