£427,453
This estimated value is based upon the latest sale price for the house of £76,000 on 2 Feb 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Wellmeadow Road
More crime details
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Minard Road, SE6 1NP
Phone: 02081155937
| Price Paid | Date |
|---|---|
| £76,000 | 2 Feb 1995 |
| Terraced |
| Freehold |
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 February 1995 the House Price Index for GREATER LONDON was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.439%.Applying this 462.439% change to the original purchase price of £76,000 results in an estimated price of approximately £427,453.
| 2 Feb 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 149.7 | 462.439 % | £76,000 | £351,453 | £427,453 |
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 | 514.613 % | £391,106 | £467,106 |
| 3 Month Average | 491.622 % | £373,632 | £449,632 |
| 6 Month Average | 492.990 % | £374,672 | £450,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £299,194 | £290,000 | 322C HITHER GREEN LANE |
| 29 Sep 2023 | £322,100 | £315,000 | 71B WELLMEADOW ROAD |
| 24 Mar 2023 | £615,275 | £605,000 | 229 SPRINGBANK ROAD |
| 21 Feb 2023 | £236,580 | £235,000 | FLAT 2 53 WELLMEADOW ROAD |
| 14 Apr 2022 | £487,588 | £470,000 | 318B HITHER GREEN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Wellmeadow Road |
| Apr 2024 | Other theft | Under investigation | On or near Wellmeadow Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wellmeadow Road |
| Apr 2024 | Burglary | Under investigation | On or near Wellmeadow Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wellmeadow Road |