£393,757
This estimated value is based upon the latest sale price for the house of £343,000 on 19 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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53 Banning Street, London, SE10 0NZ
Phone: 02045161607
Price Paid | Date |
---|---|
£343,000 | 19 Aug 2021 |
£320,000 | 19 Jun 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 August 2021 the House Price Index for GREATER LONDON was 89.2.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 14.798%.Applying this 14.798% change to the original purchase price of £343,000 results in an estimated price of approximately £393,757.
19 Aug 2021 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 102.4 | 14.798 % | £343,000 | £50,757 | £393,757 |
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 | -21.813 % | £-74,819 | £268,180 |
3 Month Average | -26.463 % | £-90,768 | £252,231 |
6 Month Average | -17.804 % | £-61,067 | £281,932 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jan 2025 | £527,576 | £525,000 | FLAT 24 GARDA HOUSE, 5 CABLE WALK |
23 May 2024 | £585,587 | £565,000 | FLAT 702 BRUNEL HOUSE, 148 CHRISTCHURCH WAY |
24 Apr 2024 | £576,065 | £553,000 | FLAT 101 BRUNEL HOUSE, 148 CHRISTCHURCH WAY |
8 Apr 2024 | £875,036 | £840,000 | 2 CYRUS FIELD STREET |
20 Dec 2023 | £543,110 | £515,000 | FLAT 9 GARDA HOUSE, 5 CABLE WALK |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 28 May 2015. Using an estimated price of £393,758 means this house is valued at £8,035 per sq meter (£746 per sq foot).
The average size of a house on CABLE WALK is 75 sq meters (808 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Christchurch Way |
Feb 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Christchurch Way |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Christchurch Way |
Feb 2025 | Public order | Investigation complete; no suspect identified | On or near Christchurch Way |
Feb 2025 | Other theft | Investigation complete; no suspect identified | On or near Christchurch Way |