£331,069
This estimated value is based upon the latest sale price for the house of £193,000 on 19 Jan 2011. 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 |
|---|---|
| £193,000 | 19 Jan 2011 |
| £110,000 | 31 Mar 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 554 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 January 2011 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £193,000 results in an estimated price of approximately £331,069.
| 19 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £193,000 | £138,069 | £331,069 |
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 | 13.105 % | £25,291 | £218,291 |
| 3 Month Average | 89.590 % | £172,909 | £365,909 |
| 6 Month Average | 96.829 % | £186,880 | £379,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £328,985 | £325,000 | 7A MALLET ROAD |
| 27 Jul 2022 | £596,156 | £594,551 | 15 MALLET ROAD |
| 22 Jul 2022 | £376,012 | £375,000 | UPPER FLAT 249 HITHER GREEN LANE |
| 29 Oct 2021 | £420,462 | £380,000 | FLAT 71 CATALPA COURT HITHER GREEN LANE |
| 29 Sep 2021 | £251,618 | £233,500 | FLAT 51 CATALPA COURT HITHER GREEN LANE |
This house has a floor area of 51 sq meters or 554 sq feet when measured on 9 Aug 2010. Using an estimated price of £331,070 means this house is valued at £6,424 per sq meter (£596 per sq foot).
The average size of a house on HITHER GREEN LANE is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brightside Road |
| Apr 2024 | Burglary | Under investigation | On or near Desvignes Drive |
| Feb 2024 | Public order | Under investigation | On or near Desvignes Drive |
| Feb 2024 | Anti-social behaviour | On or near Desvignes Drive | |
| Feb 2024 | Drugs | Under investigation | On or near Desvignes Drive |