£505,058
This estimated value is based upon the latest sale price for the house of £290,000 on 21 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
2 Mary Boast Walk, London, SE5 8SP
Phone: 02080224441
| Price Paid | Date |
|---|---|
| £290,000 | 21 Oct 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 888 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 October 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £290,000 results in an estimated price of approximately £505,058.
| 21 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £290,000 | £215,058 | £505,058 |
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 | 36.815 % | £106,762 | £396,762 |
| 3 Month Average | 69.082 % | £200,338 | £490,338 |
| 6 Month Average | 60.530 % | £175,535 | £465,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £392,047 | £380,000 | 26 GABLES CLOSE |
| 15 Sep 2023 | £444,805 | £435,000 | FLAT 16 ST. GILES TOWER GABLES CLOSE |
| 20 Mar 2023 | £350,859 | £345,000 | 17 GABLES CLOSE |
| 26 Jan 2023 | £300,804 | £300,000 | 27 GABLES CLOSE |
| 22 Aug 2022 | £301,409 | £300,000 | 15 GABLES CLOSE |
This house has a floor area of 82 sq meters or 888 sq feet when measured on 26 Jul 2010. Using an estimated price of £505,058 means this house is valued at £6,121 per sq meter (£568 per sq foot).
The average size of a house on GABLES CLOSE is 60 sq meters (652 sq feet).