£474,764
This estimated value is based upon the latest sale price for the house of £285,000 on 29 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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191 Kennington Lane, London, SE11 5QS
Phone: 02036419275
Price Paid | Date |
---|---|
£285,000 | 29 Aug 2013 |
£83,000 | 7 May 1999 |
£43,000 | 15 Mar 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 August 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £285,000 results in an estimated price of approximately £474,764.
29 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 149.7 | 66.584 % | £285,000 | £189,764 | £474,764 |
The Postcode Pricing Model uses changes in average sales price within the SE11 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 | 53.664 % | £152,943 | £437,943 |
3 Month Average | 14.162 % | £40,360 | £325,360 |
6 Month Average | 7.285 % | £20,763 | £305,763 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jun 2024 | £375,000 | £375,000 | FLAT 44 KILNER HOUSE CLAYTON STREET |
15 Dec 2023 | £1,031,702 | £1,000,000 | 25 MONTFORD PLACE |
5 Dec 2023 | £448,790 | £435,000 | FLAT 60 KILNER HOUSE CLAYTON STREET |
23 Aug 2023 | £448,082 | £440,000 | FLAT 56 KILNER HOUSE CLAYTON STREET |
23 Jun 2023 | £214,294 | £210,000 | FLAT 4 KILNER HOUSE CLAYTON STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 14 Jun 2013. Using an estimated price of £474,765 means this house is valued at £8,957 per sq meter (£832 per sq foot).
The average size of a house on KENNINGTON OVAL is 72 sq meters (776 sq feet).