£768,529
This estimated value is based upon the latest sale price for the house of £499,995 on 5 Jun 2014. 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 |
|---|---|
| £499,995 | 5 Jun 2014 |
| £335,000 | 24 Oct 2007 |
| £111,500 | 30 Sep 1998 |
| £69,995 | 15 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £499,995 results in an estimated price of approximately £768,529.
| 5 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £499,995 | £268,534 | £768,529 |
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 | -25.302 % | £-126,508 | £373,486 |
| 3 Month Average | 26.288 % | £131,439 | £631,434 |
| 6 Month Average | 40.105 % | £200,520 | £700,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £440,935 | £435,000 | FLAT 83 ROSSE GARDENS DESVIGNES DRIVE |
| 7 Jul 2023 | £750,095 | £740,000 | 25 BLASHFORD STREET |
| 19 Apr 2023 | £262,830 | £260,000 | 15 WOODLANDS STREET |
| 26 Aug 2022 | £743,000 | £745,000 | 23 BENIN STREET |
| 26 Jul 2022 | £752,024 | £750,000 | 10 BLASHFORD STREET |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 7 Jan 2014. Using an estimated price of £768,530 means this house is valued at £7,609 per sq meter (£706 per sq foot).
The average size of a house on WOODLANDS STREET is 128 sq meters (1,384 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Woodlands Street |
| Jan 2024 | Anti-social behaviour | On or near Woodlands Street | |
| Jan 2024 | Anti-social behaviour | On or near Woodlands Street | |
| Jan 2024 | Anti-social behaviour | On or near Woodlands Street | |
| Jan 2024 | Anti-social behaviour | On or near Woodlands Street |