£435,198
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Jul 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Madison Gardens
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511 Abbey Road, Abbey Wood, London, SE2 9HA
Phone: 02034782990
| Price Paid | Date |
|---|---|
| £250,000 | 22 Jul 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,088 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 July 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £250,000 results in an estimated price of approximately £435,198.
| 22 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £250,000 | £185,198 | £435,198 |
The Postcode Pricing Model uses changes in average sales price within the DA7 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 | 90.218 % | £225,544 | £475,544 |
| 3 Month Average | 76.664 % | £191,660 | £441,660 |
| 6 Month Average | 76.591 % | £191,477 | £441,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £458,986 | £455,000 | 12 MADISON CRESCENT |
| 1 Jun 2023 | £561,247 | £550,000 | 3 FIRST AVENUE |
| 17 Mar 2023 | £574,596 | £565,000 | 4 FIRST AVENUE |
| 3 Feb 2023 | £566,786 | £563,000 | 37 FIRST AVENUE |
| 13 Jan 2023 | £486,299 | £485,000 | 44 FIRST AVENUE |
This house has a floor area of 101 sq meters or 1,088 sq feet when measured on 27 Oct 2011. Using an estimated price of £435,199 means this house is valued at £4,305 per sq meter (£399 per sq foot).
The average size of a house on MADISON GARDENS is 128 sq meters (1,380 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Madison Gardens |
| Apr 2024 | Anti-social behaviour | On or near Lansdowne Avenue | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Lansdowne Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Lansdowne Avenue |
| Apr 2024 | Anti-social behaviour | On or near Lansdowne Avenue |