£447,075
This estimated value is based upon the latest sale price for the house of £350,350 on 29 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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14 Major Draper Street, Royal Arsenal, London, SE18 6GD
Phone: 02036414934
| Price Paid | Date |
|---|---|
| £350,350 | 29 Jun 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £350,350 results in an estimated price of approximately £447,075.
| 29 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.0 | 27.608 % | £350,350 | £96,725 | £447,075 |
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 | 100.323 % | £351,481 | £701,831 |
| 3 Month Average | 15.734 % | £55,125 | £405,475 |
| 6 Month Average | 21.245 % | £74,433 | £424,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £271,485 | £268,000 | FLAT 45 DUNCOMBE HOUSE, 15 VICTORY PARADE |
| 22 Mar 2023 | £336,821 | £335,000 | FLAT 103 DUNCOMBE HOUSE, 15 VICTORY PARADE |
| 10 Aug 2022 | £461,879 | £465,000 | FLAT 85 DUNCOMBE HOUSE, 15 VICTORY PARADE |
| 8 Jul 2022 | £347,530 | £348,000 | FLAT 20 DUNCOMBE HOUSE, 15 VICTORY PARADE |
| 28 Apr 2022 | £461,538 | £450,000 | FLAT 11 DUNCOMBE HOUSE, 15 VICTORY PARADE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 2 May 2017. Using an estimated price of £447,075 means this house is valued at £11,176 per sq meter (£1,038 per sq foot).
The average size of a house on VICTORY PARADE is 65 sq meters (705 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Apr 2024 | Robbery | Under investigation | On or near Parking Area |
| Mar 2024 | Public order | Under investigation | On or near Parking Area |
| Mar 2024 | Robbery | Under investigation | On or near Parking Area |