£220,733
This estimated value is based upon the latest sale price for the house of £139,000 on 20 Jul 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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75a Nuxley Road, Belvedere, DA17 5JN
Phone: 01322584027
Price Paid | Date |
---|---|
£139,000 | 20 Jul 2007 |
£39,250 | 6 Jun 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 July 2007 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £139,000 results in an estimated price of approximately £220,733.
20 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.801 % | £139,000 | £81,733 | £220,733 |
The Postcode Pricing Model uses changes in average sales price within the DA17 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 | 93.089 % | £129,393 | £268,393 |
3 Month Average | 76.665 % | £106,564 | £245,564 |
6 Month Average | 92.899 % | £129,129 | £268,129 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £250,694 | £245,000 | 85 SHORTLANDS CLOSE |
9 Mar 2023 | £207,465 | £204,000 | 54 SHORTLANDS CLOSE |
28 Feb 2023 | £181,210 | £180,000 | 76 SHORTLANDS CLOSE |
20 Apr 2022 | £466,840 | £450,000 | 79 ABBEY ROAD |
6 Jul 2021 | £277,860 | £239,995 | 83 ABBEY ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 1 Jun 2020. Using an estimated price of £220,733 means this house is valued at £4,244 per sq meter (£394 per sq foot).
The average size of a house on LAYMARSH CLOSE is 48 sq meters (518 sq feet).