£623,750
This estimated value is based upon the latest sale price for the house of £610,000 on 25 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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325 Kennington Road, Kennington, SE11 4QE
Phone: 02036417566
Price Paid | Date |
---|---|
£610,000 | 25 Sep 2023 |
£584,500 | 1 Apr 2016 |
£350,000 | 19 Aug 2011 |
£249,999 | 26 Sep 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 662 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £610,000 results in an estimated price of approximately £623,750.
25 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £610,000 | £13,750 | £623,750 |
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 | -36.505 % | £-222,680 | £387,319 |
3 Month Average | 3.191 % | £19,466 | £629,466 |
6 Month Average | 0.758 % | £4,625 | £614,625 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £1,066,384 | £1,050,000 | 2 WIGTON PLACE |
21 Dec 2023 | £593,229 | £575,000 | FLAT 7 CITY LIGHTS COURT, 6 BOWDEN STREET |
23 Nov 2023 | £1,467,245 | £1,430,000 | 331 KENNINGTON ROAD |
1 Nov 2023 | £415,548 | £405,000 | FLAT 3 309A KENNINGTON ROAD |
2 Oct 2023 | £583,247 | £570,000 | FLAT 3 MARLBOROUGH HOUSE, 317 KENNINGTON ROAD |
This house has a floor area of 61 sq meters or 662 sq feet when measured on 4 Jul 2011. Using an estimated price of £623,750 means this house is valued at £10,127 per sq meter (£940 per sq foot).
The average size of a house on KENNINGTON ROAD is 99 sq meters (1,075 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Silk Mews |
Aug 2024 | Drugs | Further investigation is not in the public interest | On or near Silk Mews |
Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Silk Mews |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Wigton Place |
Oct 2024 | Anti-social behaviour | On or near Bowden Street |