£526,329
This estimated value is based upon the latest sale price for the house of £417,500 on 29 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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229 Gipsy Road, London, SE27 9QY
Phone: 02036413997
Price Paid | Date |
---|---|
£417,500 | 29 Nov 2017 |
£290,000 | 11 May 2007 |
£212,000 | 24 Aug 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 88 sq meters or 947 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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £417,500 results in an estimated price of approximately £526,329.
29 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £417,500 | £108,829 | £526,329 |
The Postcode Pricing Model uses changes in average sales price within the SE19 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 | 76.402 % | £318,979 | £736,479 |
3 Month Average | -4.990 % | £-20,831 | £396,668 |
6 Month Average | 7.873 % | £32,869 | £450,369 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2023 | £4,206,617 | £4,150,000 | 8 KINGSWOOD DRIVE |
14 Jun 2022 | £273,870 | £270,000 | 48 SEELEY DRIVE |
7 Jan 2022 | £1,347,082 | £1,280,000 | 20 HITHERWOOD DRIVE |
8 Jul 2021 | £648,445 | £564,226 | 18 LYALL AVENUE |
25 Jun 2021 | £488,181 | £455,000 | 8 SEELEY DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Jun 2016. Using an estimated price of £526,329 means this house is valued at £5,981 per sq meter (£555 per sq foot).
The average size of a house on HITHERWOOD DRIVE is 133 sq meters (1,440 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitherwood Drive |