£458,294
This estimated value is based upon the latest sale price for the house of £345,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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511 Abbey Road, Abbey Wood, London, SE2 9HA
Phone: 02034782990
| Price Paid | Date |
|---|---|
| £345,000 | 16 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £345,000 results in an estimated price of approximately £458,294.
| 16 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £345,000 | £113,294 | £458,294 |
The Postcode Pricing Model uses changes in average sales price within the DA16 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 | -53.802 % | £-185,618 | £159,381 |
| 3 Month Average | -2.137 % | £-7,371 | £337,628 |
| 6 Month Average | 7.186 % | £24,791 | £369,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2022 | £472,187 | £476,000 | 38 DENTON ROAD |
| 19 Aug 2022 | £289,221 | £290,000 | 11 SANDGATE ROAD |
| 18 Jun 2021 | £439,899 | £410,000 | 14 HARTLEY ROAD |
| 27 Nov 2020 | £313,025 | £270,000 | 65 DENTON ROAD |
| 18 Nov 2020 | £423,164 | £365,000 | 17 HARTLEY ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 22 Apr 2016. Using an estimated price of £458,295 means this house is valued at £5,801 per sq meter (£538 per sq foot).
The average size of a house on DOWNE CLOSE is 120 sq meters (1,292 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Downe Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Downe Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Downe Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Langley Road |
| Jan 2024 | Other theft | Under investigation | On or near Denton Road |