£521,397
This estimated value is based upon the latest sale price for the house of £511,573 on 5 May 2022. 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 |
|---|---|
| £511,573 | 5 May 2022 |
| £455,000 | 19 Jul 2018 |
| £250,000 | 29 Apr 2007 |
| £110,000 | 4 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £511,573 results in an estimated price of approximately £521,397.
| 5 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £511,573 | £9,824 | £521,397 |
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 | -8.195 % | £-41,925 | £469,647 |
| 3 Month Average | 8.317 % | £42,547 | £554,120 |
| 6 Month Average | -4.173 % | £-21,347 | £490,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £965,343 | £953,000 | 25 WELLMEADOW ROAD |
| 21 Feb 2023 | £294,802 | £295,000 | FLAT C 20 WELLMEADOW ROAD |
| 30 Nov 2022 | £531,561 | £538,000 | 84 SPRINGBANK ROAD |
| 18 Nov 2022 | £908,989 | £920,000 | 1 WELLMEADOW ROAD |
| 27 May 2022 | £207,306 | £203,400 | FLAT 2 74 SPRINGBANK ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 23 Aug 2016. Using an estimated price of £521,397 means this house is valued at £7,343 per sq meter (£682 per sq foot).
The average size of a house on SPRINGBANK ROAD is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Springbank Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Springbank Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Springbank Road |
| Apr 2024 | Public order | Under investigation | On or near Springbank Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Springbank Road |