£859,882
This estimated value is based upon the latest sale price for the house of £835,000 on 14 Apr 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 |
|---|---|
| £835,000 | 14 Apr 2022 |
| £692,500 | 15 Feb 2019 |
| £79,995 | 3 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 April 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £835,000 results in an estimated price of approximately £859,882.
| 14 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £835,000 | £24,882 | £859,882 |
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 | -14.435 % | £-120,530 | £714,469 |
| 3 Month Average | 5.923 % | £49,458 | £884,458 |
| 6 Month Average | -4.080 % | £-34,068 | £800,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £19,286 | £19,000 | 252 LEAHURST ROAD |
| 1 Nov 2023 | £419,206 | £413,000 | FLAT B 300 LEAHURST ROAD |
| 15 Sep 2023 | £911,656 | £900,000 | 158 FERNBROOK ROAD |
| 23 Aug 2023 | £857,502 | £850,000 | 102 FERNBROOK ROAD |
| 25 Jul 2023 | £461,207 | £455,000 | GROUND FLOOR FLAT 270B LEAHURST ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 9 Apr 2018. Using an estimated price of £859,882 means this house is valued at £7,412 per sq meter (£688 per sq foot).
The average size of a house on FERNBROOK ROAD is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Fernbrook Road | |
| Jan 2024 | Anti-social behaviour | On or near Fernbrook Road | |
| Jan 2024 | Anti-social behaviour | On or near Fernbrook Road | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fernbrook Road |