£640,253
This estimated value is based upon the latest sale price for the house of £515,000 on 6 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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18 London Road, London, SE1 6JX
Phone: 02081153393
| Price Paid | Date |
|---|---|
| £515,000 | 6 Apr 2018 |
| £138,000 | 18 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £515,000 results in an estimated price of approximately £640,253.
| 6 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.0 | 24.321 % | £515,000 | £125,253 | £640,253 |
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 | -7.684 % | £-39,573 | £475,426 |
| 3 Month Average | -25.004 % | £-128,770 | £386,229 |
| 6 Month Average | -18.610 % | £-95,839 | £419,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £1,304,407 | £1,300,000 | 29 GLADSTONE STREET |
| 13 Mar 2023 | £452,446 | £450,000 | FLAT 37 NEWMAN HOUSE ST GEORGES ROAD |
| 28 Feb 2023 | £274,701 | £276,000 | 1 COLNBROOK STREET |
| 10 Dec 2021 | £458,832 | £430,000 | FLAT 2 1 COLNBROOK STREET |
| 1 Dec 2021 | £709,589 | £665,000 | FLAT 4 1 COLNBROOK STREET |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 12 Sep 2012. Using an estimated price of £640,254 means this house is valued at £14,889 per sq meter (£1,383 per sq foot).
The average size of a house on GARDEN ROW is 47 sq meters (514 sq feet).