£560,429
This estimated value is based upon the latest sale price for the house of £518,500 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Albion House, 20 Queen Elizabeth Street, London, SE1 2RJ
Phone: 02080333722
| Price Paid | Date |
|---|---|
| £518,500 | 29 Jun 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 544 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £518,500 results in an estimated price of approximately £560,429.
| 29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £518,500 | £41,929 | £560,429 |
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 | -3.758 % | £-19,485 | £499,014 |
| 3 Month Average | -17.022 % | £-88,256 | £430,243 |
| 6 Month Average | -18.011 % | £-93,386 | £425,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £1,205,603 | £1,175,000 | FLAT 174 THE CIRCLE QUEEN ELIZABETH STREET |
| 23 Mar 2022 | £548,065 | £525,000 | FLAT 108 THE CIRCLE QUEEN ELIZABETH STREET |
| 22 Sep 2021 | £607,919 | £560,000 | FLAT 44 THE CIRCLE QUEEN ELIZABETH STREET |
| 29 Jun 2021 | £560,429 | £518,500 | FLAT 42 THE CIRCLE QUEEN ELIZABETH STREET |
| 27 May 2021 | £580,586 | £510,000 | FLAT 156 THE CIRCLE QUEEN ELIZABETH STREET |
This house has a floor area of 50 sq meters or 544 sq feet when measured on 14 Aug 2011. Using an estimated price of £560,429 means this house is valued at £11,071 per sq meter (£1,028 per sq foot).
The average size of a house on QUEEN ELIZABETH STREET is 61 sq meters (660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Three Oak Lane | |
| Apr 2024 | Anti-social behaviour | On or near Three Oak Lane | |
| Apr 2024 | Anti-social behaviour | On or near Three Oak Lane | |
| Apr 2024 | Other theft | Under investigation | On or near Three Oak Lane |
| Apr 2024 | Anti-social behaviour | On or near Three Oak Lane |