£339,755
This estimated value is based upon the latest sale price for the house of £327,500 on 25 Apr 2022. 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 |
|---|---|
| £327,500 | 25 Apr 2022 |
| £275,000 | 19 Aug 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 538 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 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £327,500 results in an estimated price of approximately £339,755.
| 25 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £327,500 | £12,255 | £339,755 |
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 | 49.926 % | £163,507 | £491,007 |
| 3 Month Average | 5.290 % | £17,324 | £344,824 |
| 6 Month Average | -5.568 % | £-18,233 | £309,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £685,103 | £670,000 | 20 THEODORE ROAD |
| 3 Aug 2023 | £386,980 | £380,000 | 16A THEODORE ROAD |
| 31 Mar 2023 | £539,001 | £530,000 | 25 THEODORE ROAD |
| 7 Mar 2023 | £526,798 | £518,000 | 11 THEODORE ROAD |
| 13 Feb 2023 | £369,971 | £367,500 | 8A SPRINGRICE ROAD |
This house has a floor area of 49 sq meters or 538 sq feet when measured on 28 Apr 2010. Using an estimated price of £339,756 means this house is valued at £6,796 per sq meter (£631 per sq foot).
The average size of a house on SPRINGRICE ROAD is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Springrice Road |
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Public order | Under investigation | On or near Theodore Road |