£373,349
This estimated value is based upon the latest sale price for the house of £300,000 on 17 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Mandela Way
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40 - 42 Decima Street, London, SE1 4QQ
Phone: 02035422710
| Price Paid | Date |
|---|---|
| £300,000 | 17 Jan 2019 |
| £195,000 | 12 Apr 2007 |
| £110,000 | 29 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £300,000 results in an estimated price of approximately £373,349.
| 17 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £300,000 | £73,349 | £373,349 |
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 | 8.849 % | £26,548 | £326,548 |
| 3 Month Average | -26.070 % | £-78,209 | £221,790 |
| 6 Month Average | -28.837 % | £-86,510 | £213,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £404,180 | £395,000 | 78 DOVER FLATS OLD KENT ROAD |
| 21 Aug 2023 | £376,796 | £370,000 | 6 KINGSLEY FLATS OLD KENT ROAD |
| 9 Jan 2023 | £325,871 | £325,000 | 1 DOVER FLATS OLD KENT ROAD |
| 29 Jul 2022 | £292,935 | £290,000 | 23 DOVER FLATS OLD KENT ROAD |
| 28 Jan 2022 | £905,409 | £854,000 | 87 PAGES WALK |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 13 Aug 2021. Using an estimated price of £373,350 means this house is valued at £6,437 per sq meter (£598 per sq foot).
The average size of a house on OLD KENT ROAD is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mandela Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mandela Way |
| Oct 2024 | Vehicle crime | Under investigation | On or near Mandela Way |
| Oct 2024 | Burglary | Under investigation | On or near Mandela Way |
| Oct 2024 | Public order | Under investigation | On or near Mandela Way |