£827,638
This estimated value is based upon the latest sale price for the house of £772,500 on 17 Dec 2021. 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 |
---|---|
£772,500 | 17 Dec 2021 |
£245,000 | 28 Jul 2006 |
Semi-Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £772,500 results in an estimated price of approximately £827,638.
17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £772,500 | £55,138 | £827,638 |
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 | -56.167 % | £-433,891 | £338,608 |
3 Month Average | -22.151 % | £-171,118 | £601,381 |
6 Month Average | -13.122 % | £-101,368 | £671,131 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £651,397 | £640,000 | 32 BRIGHTSIDE ROAD |
21 Aug 2023 | £774,274 | £767,500 | 11 BRIGHTSIDE ROAD |
27 Feb 2023 | £699,529 | £700,000 | 17 SPRINGBANK ROAD |
14 Feb 2023 | £360,258 | £360,500 | 63 NIGHTINGALE GROVE |
29 Jul 2022 | £656,768 | £655,000 | 3 ELTHRUDA ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 21 Sep 2021. Using an estimated price of £827,639 means this house is valued at £7,134 per sq meter (£662 per sq foot).
The average size of a house on BRIGHTSIDE ROAD is 96 sq meters (1,040 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brightside Road |
Jan 2024 | Other theft | Under investigation | On or near Elthruda Road |
Mar 2024 | Other theft | On or near Hither Green (Station) | |
Mar 2024 | Other theft | On or near Hither Green (Station) | |
Mar 2024 | Drugs | On or near Hither Green (Station) |