£426,241
This estimated value is based upon the latest sale price for the house of £342,500 on 4 Jan 2019. 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 |
|---|---|
| £342,500 | 4 Jan 2019 |
| £250,000 | 2 Jun 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £342,500 results in an estimated price of approximately £426,241.
| 4 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £342,500 | £83,741 | £426,241 |
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 | 18.663 % | £63,920 | £406,420 |
| 3 Month Average | 4.979 % | £17,051 | £359,551 |
| 6 Month Average | -5.206 % | £-17,829 | £324,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £384,767 | £375,000 | 207 WEST CARRIAGE HOUSE ROYAL CARRIAGE MEWS |
| 28 Sep 2023 | £465,256 | £455,000 | 522 WEST CARRIAGE HOUSE ROYAL CARRIAGE MEWS |
| 11 Mar 2022 | £446,803 | £428,000 | 322 WEST CARRIAGE HOUSE ROYAL CARRIAGE MEWS |
| 11 Feb 2022 | £338,066 | £320,000 | 622 WEST CARRIAGE HOUSE ROYAL CARRIAGE MEWS |
| 18 Nov 2021 | £433,629 | £398,000 | 10 WEST CARRIAGE HOUSE ROYAL CARRIAGE MEWS |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 19 Jan 2019. Using an estimated price of £426,241 means this house is valued at £9,687 per sq meter (£899 per sq foot).
The average size of a house on ROYAL CARRIAGE MEWS is 46 sq meters (502 sq feet).