£750,030
This estimated value is based upon the latest sale price for the house of £735,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Springbank Road, London, SE13 6SN
Phone: 02034782983
| Price Paid | Date |
|---|---|
| £735,000 | 30 Jun 2023 |
| £590,000 | 30 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £735,000 results in an estimated price of approximately £750,030.
| 30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £735,000 | £15,030 | £750,030 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | -2.713 % | £-19,941 | £715,058 |
| 3 Month Average | -6.982 % | £-51,314 | £683,685 |
| 6 Month Average | -3.767 % | £-27,687 | £707,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £425,000 | £425,000 | FLAT 13 HOLMHURST, 21 BEACON ROAD |
| 14 Dec 2023 | £763,460 | £740,000 | FLAT 2 PARK HOUSE, 2 EDWIN HALL PLACE |
| 29 Sep 2023 | £378,340 | £370,000 | FLAT 1 HOLMHURST, 21 BEACON ROAD |
| 14 Sep 2023 | £843,596 | £825,000 | 2 BEACON ROAD |
| 30 Jun 2023 | £750,031 | £735,000 | 10 BEACON ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 21 Feb 2017. Using an estimated price of £750,031 means this house is valued at £6,579 per sq meter (£611 per sq foot).
The average size of a house on BEACON ROAD is 89 sq meters (964 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beacon Road |
| Apr 2024 | Burglary | Under investigation | On or near Beacon Road |