£431,759
This estimated value is based upon the latest sale price for the house of £250,000 on 6 May 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 3 Cedar Court, 1 Royal Oak Yard, London, SE1 3GA
Phone: 02080220299
| Price Paid | Date |
|---|---|
| £250,000 | 6 May 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 645 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.704%.Applying this 72.704% change to the original purchase price of £250,000 results in an estimated price of approximately £431,759.
| 6 May 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.704 % | £250,000 | £181,759 | £431,759 |
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 | -0.685 % | £-1,712 | £248,287 |
| 3 Month Average | 35.078 % | £87,694 | £337,694 |
| 6 Month Average | 38.580 % | £96,449 | £346,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £649,618 | £640,000 | APARTMENT 6 8 BLUELION PLACE |
| 21 Nov 2022 | £647,161 | £655,000 | FLAT 3 PRINTWORKS APARTMENTS, 230 LONG LANE |
| 25 Apr 2022 | £931,968 | £905,000 | 5 COACH HOUSE MEWS |
| 11 Jan 2022 | £973,477 | £925,000 | APARTMENT 24 8 BLUELION PLACE |
| 3 Dec 2021 | £655,683 | £612,000 | APARTMENT 13 8 BLUELION PLACE |
This house has a floor area of 59 sq meters or 645 sq feet when measured on 25 Sep 2009. Using an estimated price of £431,759 means this house is valued at £7,200 per sq meter (£668 per sq foot).
The average size of a house on LONG LANE is 69 sq meters (752 sq feet).