£249,971
This estimated value is based upon the latest sale price for the house of £53,300 on 10 Sep 1998. 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 |
|---|---|
| £53,300 | 10 Sep 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 653 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 September 1998 the House Price Index for GREATER LONDON was 31.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 368.991%.Applying this 368.991% change to the original purchase price of £53,300 results in an estimated price of approximately £249,971.
| 10 Sep 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 149.7 | 368.991 % | £53,300 | £196,671 | £249,971 |
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 | 428.058 % | £228,154 | £281,454 |
| 3 Month Average | 366.089 % | £195,125 | £248,425 |
| 6 Month Average | 382.737 % | £203,999 | £257,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £974,482 | £953,000 | 25 WELLMEADOW ROAD |
| 21 Feb 2023 | £296,984 | £295,000 | FLAT C 20 WELLMEADOW ROAD |
| 30 Nov 2022 | £535,496 | £538,000 | 84 SPRINGBANK ROAD |
| 18 Nov 2022 | £915,718 | £920,000 | 1 WELLMEADOW ROAD |
| 27 May 2022 | £208,841 | £203,400 | FLAT 2 74 SPRINGBANK ROAD |
This house has a floor area of 60 sq meters or 653 sq feet when measured on 18 Jun 2011. Using an estimated price of £249,972 means this house is valued at £4,120 per sq meter (£382 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 | Public order | Under investigation | On or near Springbank Road |
| 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 | Violence and sexual offences | Under investigation | On or near Springbank Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Springbank Road |