£408,852
This estimated value is based upon the latest sale price for the house of £262,500 on 2 May 2014. 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 Melbury Drive
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2 Mary Boast Walk, London, SE5 8SP
Phone: 02080224441
| Price Paid | Date |
|---|---|
| £262,500 | 2 May 2014 |
| £110,000 | 15 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £262,500 results in an estimated price of approximately £408,852.
| 2 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £262,500 | £146,352 | £408,852 |
The Postcode Pricing Model uses changes in average sales price within the SE5 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 | 24.293 % | £63,768 | £326,268 |
| 3 Month Average | 35.763 % | £93,878 | £356,378 |
| 6 Month Average | 36.074 % | £94,694 | £357,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £645,162 | £635,250 | 3 BONSOR STREET |
| 12 Mar 2024 | £653,033 | £643,000 | 9 BONSOR STREET |
| 9 Nov 2023 | £471,981 | £460,000 | 15 BONSOR STREET |
| 14 Sep 2023 | £455,031 | £445,000 | FLAT 3 ORANGE TREE COURT, 7 HAVIL STREET |
| 1 Sep 2023 | £455,031 | £445,000 | FLAT 9 ORANGE TREE COURT, 7 HAVIL STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 24 Feb 2021. Using an estimated price of £408,852 means this house is valued at £7,862 per sq meter (£730 per sq foot).
The average size of a house on HAVIL STREET is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Melbury Drive | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Melbury Drive |
| Sep 2024 | Anti-social behaviour | On or near Melbury Drive | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Melbury Drive |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Melbury Drive |