£800,534
This estimated value is based upon the latest sale price for the house of £595,000 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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14 Major Draper Street, Royal Arsenal, London, SE18 6GD
Phone: 02036414934
| Price Paid | Date |
|---|---|
| £595,000 | 10 Jun 2016 |
| £400,000 | 20 Sep 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 88 sq meters or 951 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 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £595,000 results in an estimated price of approximately £800,534.
| 10 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £595,000 | £205,534 | £800,534 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | 19.047 % | £113,331 | £708,331 |
| 3 Month Average | 27.956 % | £166,340 | £761,340 |
| 6 Month Average | 25.030 % | £148,930 | £743,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £310,000 | £310,000 | FLAT 28 WAREHOUSE COURT NO 1 STREET |
| 30 Aug 2024 | £340,000 | £340,000 | FLAT 208 WAREHOUSE COURT MAJOR DRAPER STREET |
| 5 Jul 2024 | £326,700 | £326,700 | FLAT 66 WAREHOUSE COURT NO 1 STREET |
| 24 May 2024 | £345,000 | £345,000 | FLAT 232 WAREHOUSE COURT MAJOR DRAPER STREET |
| 1 May 2024 | £336,500 | £336,500 | FLAT 186 WAREHOUSE COURT MAJOR DRAPER STREET |
This house has a floor area of 88 sq meters or 951 sq feet when measured on 18 Oct 2011. Using an estimated price of £800,534 means this house is valued at £9,059 per sq meter (£841 per sq foot).
The average size of a house on MAJOR DRAPER STREET is 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Major Draper Street |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Major Draper Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Major Draper Street |
| Oct 2024 | Theft from the person | Under investigation | On or near Major Draper Street |
| Oct 2024 | Theft from the person | Under investigation | On or near Major Draper Street |