£329,028
This estimated value is based upon the latest sale price for the house of £205,000 on 6 Dec 2013. 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 Wellmeadow Road
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Minard Road, SE6 1NP
Phone: 02081155937
| Price Paid | Date |
|---|---|
| £205,000 | 6 Dec 2013 |
| £175,000 | 3 Jul 2009 |
| £122,000 | 21 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 December 2013 the House Price Index for GREATER LONDON was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £205,000 results in an estimated price of approximately £329,028.
| 6 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £205,000 | £124,028 | £329,028 |
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 | -10.246 % | £-21,004 | £183,995 |
| 3 Month Average | 50.560 % | £103,647 | £308,647 |
| 6 Month Average | 54.294 % | £111,303 | £316,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £295,164 | £290,000 | 322C HITHER GREEN LANE |
| 29 Sep 2023 | £319,080 | £315,000 | 71B WELLMEADOW ROAD |
| 8 Sep 2023 | £628,030 | £620,000 | 4 COURT MEWS |
| 28 Jul 2023 | £836,255 | £825,000 | 320 HITHER GREEN LANE |
| 24 Mar 2023 | £610,754 | £605,000 | 229 SPRINGBANK ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Mar 2020. Using an estimated price of £329,029 means this house is valued at £4,218 per sq meter (£391 per sq foot).
The average size of a house on SPRINGBANK ROAD is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wellmeadow Road |
| Apr 2024 | Other theft | Under investigation | On or near Wellmeadow Road |
| Apr 2024 | Vehicle crime | 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 |