£138,354
This estimated value is based upon the latest sale price for the house of £134,750 on 9 May 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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169 New Kent Road, London, SE1 4AG
Phone: 02080220747
Price Paid | Date |
---|---|
£134,750 | 9 May 2022 |
Flats/Maisonettes |
Leasehold |
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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £134,750 results in an estimated price of approximately £138,354.
9 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £134,750 | £3,604 | £138,354 |
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 | -21.439 % | £-28,888 | £105,861 |
3 Month Average | -11.451 % | £-15,430 | £119,319 |
6 Month Average | -20.707 % | £-27,902 | £106,847 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Mar 2023 | £651,887 | £641,000 | 303 CAPELL APARTMENTS VICTORY PLACE |
5 Aug 2022 | £1,426,671 | £1,420,000 | 87 COUNTY STREET |
9 May 2022 | £138,354 | £134,750 | FLAT 7 WATLING HOUSE, 128 NEW KENT ROAD |
29 Apr 2022 | £508,337 | £490,000 | 122 NEW KENT ROAD |
11 Feb 2022 | £121,493 | £115,000 | FLAT 8 WATLING HOUSE, 128 NEW KENT ROAD |