£485,930
This estimated value is based upon the latest sale price for the house of £340,000 on 24 Sep 2015. 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 |
---|---|
£340,000 | 24 Sep 2015 |
£195,000 | 19 Dec 2011 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £340,000 results in an estimated price of approximately £485,930.
24 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £340,000 | £145,930 | £485,930 |
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 | 36.604 % | £124,451 | £464,451 |
3 Month Average | 34.487 % | £117,254 | £457,254 |
6 Month Average | 37.049 % | £125,967 | £465,967 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £438,473 | £425,000 | 33 HEATH AVENUE |
15 Dec 2023 | £459,107 | £445,000 | 111 GLENVIEW |
23 Jun 2023 | £474,509 | £465,000 | 18 LESSNESS AVENUE |
31 Mar 2023 | £241,534 | £237,500 | 14 MARLEY AVENUE |
15 Jul 2022 | £328,289 | £325,000 | 1 POWYS CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 4 Dec 2015. Using an estimated price of £485,931 means this house is valued at £5,009 per sq meter (£465 per sq foot).
The average size of a house on POWYS CLOSE is 91 sq meters (983 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Powys Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Heath Avenue |
Apr 2024 | Vehicle crime | Under investigation | On or near Glenview |