£297,623
This estimated value is based upon the latest sale price for the house of £237,500 on 8 Jun 2018. 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 |
---|---|
£237,500 | 8 Jun 2018 |
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 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £237,500 results in an estimated price of approximately £297,623.
8 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £237,500 | £60,123 | £297,623 |
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 | -20.938 % | £-49,728 | £187,771 |
3 Month Average | -11.377 % | £-27,020 | £210,479 |
6 Month Average | -22.009 % | £-52,270 | £185,229 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £562,398 | £550,000 | FLAT 102B LARCH COURT 2 ROYAL OAK YARD |
5 Apr 2023 | £662,389 | £650,000 | FLAT 7 THE GLASS HOUSE, 3 ROYAL OAK YARD |
17 Jun 2022 | £526,249 | £515,000 | FLAT 102A LARCH COURT, 2 ROYAL OAK YARD |
3 Dec 2021 | £660,536 | £612,000 | APARTMENT 13 8 BLUELION PLACE |
18 Dec 2020 | £832,471 | £720,000 | FLAT 302 CEDAR COURT, 1 ROYAL OAK YARD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 11 Oct 2017. Using an estimated price of £297,623 means this house is valued at £7,440 per sq meter (£691 per sq foot).
The average size of a house on CITY WALK is 68 sq meters (741 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Lamb Walk | |
Oct 2024 | Anti-social behaviour | On or near Lamb Walk | |
Sep 2024 | Anti-social behaviour | On or near Lamb Walk | |
Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Lamb Walk |
Sep 2024 | Anti-social behaviour | On or near Lamb Walk |