£759,867
This estimated value is based upon the latest sale price for the house of £600,000 on 11 Dec 2017. 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 |
|---|---|
| £600,000 | 11 Dec 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £600,000 results in an estimated price of approximately £759,867.
| 11 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £600,000 | £159,867 | £759,867 |
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 | -13.958 % | £-83,747 | £516,252 |
| 3 Month Average | 1.840 % | £11,039 | £611,039 |
| 6 Month Average | 4.432 % | £26,593 | £626,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £400,000 | £400,000 | APARTMENT 29 GORDIAN APARTMENTS, 34 CABLE WALK |
| 1 Dec 2023 | £397,205 | £385,000 | APARTMENT 17 GORDIAN APARTMENTS, 34 CABLE WALK |
| 10 Nov 2023 | £348,855 | £340,000 | APARTMENT 1 LARIAT APARTMENTS, 36 CABLE WALK |
| 14 Sep 2023 | £424,355 | £415,000 | APARTMENT 6 LARIAT APARTMENTS, 36 CABLE WALK |
| 7 Sep 2023 | £552,172 | £540,000 | APARTMENT 2 LARIAT APARTMENTS, 36 CABLE WALK |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 25 Apr 2017. Using an estimated price of £759,868 means this house is valued at £8,259 per sq meter (£767 per sq foot).
The average size of a house on CABLE WALK is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Manilla Walk |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Manilla Walk |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Manilla Walk |
| Sep 2024 | Anti-social behaviour | On or near Manilla Walk | |
| Aug 2024 | Anti-social behaviour | On or near Manilla Walk |