£387,809
This estimated value is based upon the latest sale price for the house of £285,000 on 17 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Broad Walk, London, SE3 8HN
Phone: 02080229101
Price Paid | Date |
---|---|
£285,000 | 17 Mar 2016 |
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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £285,000 results in an estimated price of approximately £387,809.
17 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £285,000 | £102,809 | £387,809 |
The Postcode Pricing Model uses changes in average sales price within the SE3 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 | 50.910 % | £145,092 | £430,092 |
3 Month Average | 40.352 % | £115,002 | £400,002 |
6 Month Average | 20.583 % | £58,662 | £343,662 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £603,546 | £585,000 | 36 GRAYSTON HOUSE, 21 ASTELL ROAD |
8 Sep 2023 | £493,887 | £483,000 | 101 GRAYSTON HOUSE, 1 OTTLEY DRIVE |
6 Jan 2023 | £456,219 | £455,000 | 2A MALTBY HOUSE, 2 OTTLEY DRIVE |
9 Aug 2022 | £505,363 | £503,000 | 83 GRAYSTON HOUSE, 1 OTTLEY DRIVE |
23 May 2022 | £323,426 | £315,000 | 6 OTTLEY DRIVE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 12 Jan 2016. Using an estimated price of £387,810 means this house is valued at £9,695 per sq meter (£900 per sq foot).
The average size of a house on OTTLEY DRIVE is 74 sq meters (805 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Astell Road |