£129,117
This estimated value is based upon the latest sale price for the house of £53,500 on 8 Apr 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Springbank Road, London, SE13 6SN
Phone: 02034782983
| Price Paid | Date |
|---|---|
| £53,500 | 8 Apr 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 19 sq meters or 204 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 April 2003 the House Price Index for GREATER LONDON was 62.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 141.341%.Applying this 141.341% change to the original purchase price of £53,500 results in an estimated price of approximately £129,117.
| 8 Apr 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 149.7 | 141.341 % | £53,500 | £75,617 | £129,117 |
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 | 197.043 % | £105,417 | £158,917 |
| 3 Month Average | 158.936 % | £85,030 | £138,530 |
| 6 Month Average | 154.421 % | £82,615 | £136,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £750,031 | £735,000 | 10 BEACON ROAD |
| 20 May 2022 | £417,887 | £407,000 | 125 HITHER GREEN LANE |
| 25 Apr 2022 | £339,756 | £327,500 | GROUND FLOOR FLAT 27 SPRINGRICE ROAD |
| 14 Apr 2022 | £383,846 | £370,000 | 225A HITHER GREEN LANE |
| 19 Nov 2021 | £277,828 | £255,000 | FLAT 1 THEODORE COURT HITHER GREEN LANE |
This house has a floor area of 19 sq meters or 204 sq feet when measured on 5 Nov 2012. Using an estimated price of £129,118 means this house is valued at £6,795 per sq meter (£631 per sq foot).
The average size of a house on HITHER GREEN LANE is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Springrice Road |
| Apr 2024 | Theft from the person | Under investigation | On or near George Lane |