SPURRINGS COURT, 111 FLAT 11 ELMINGTON ROAD

£820,033

Full Address

SPURRINGS COURT, 111 FLAT 11 ELMINGTON ROAD
LONDON
GREATER LONDON
UNITED KINGDOM
SE5 7FX

Estimated Market Value

£820,033

This estimated value is based upon the latest sale price for the house of £822,772 on 31 Oct 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1

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Transactions for this house
Price PaidDate
£822,77231 Oct 2022
House Details
Leasehold

House Price Models

Land Registry House Price Index Model

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 October 2022 the House Price Index for GREATER LONDON was 150.2.

The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.

Applying this -0.333% change to the original purchase price of £822,772 results in an estimated price of approximately £820,033.

31 Oct 2022 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
150.2 149.7 -0.333 % £822,772 £-2,738 £820,033

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 13.682 % £112,572 £935,344
3 Month Average -5.735 % £-47,184 £775,587
6 Month Average -5.875 % £-48,337 £774,434
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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