£389,283
This estimated value is based upon the latest sale price for the house of £260,000 on 10 Nov 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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511 Abbey Road, Abbey Wood, London, SE2 9HA
Phone: 02034782990
| Price Paid | Date |
|---|---|
| £260,000 | 10 Nov 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £260,000 results in an estimated price of approximately £389,283.
| 10 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £260,000 | £129,283 | £389,283 |
The Postcode Pricing Model uses changes in average sales price within the DA7 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 | 76.911 % | £199,969 | £459,969 |
| 3 Month Average | 37.707 % | £98,038 | £358,038 |
| 6 Month Average | 42.105 % | £109,472 | £369,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £470,702 | £465,000 | 18 LESSNESS AVENUE |
| 31 Mar 2023 | £239,759 | £237,500 | 14 MARLEY AVENUE |
| 2 Mar 2023 | £651,135 | £645,000 | 73 ABBOTTS WALK |
| 15 Jul 2022 | £325,877 | £325,000 | 1 POWYS CLOSE |
| 8 Jun 2022 | £416,892 | £411,000 | 11 HEATH AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Jul 2014. Using an estimated price of £389,283 means this house is valued at £5,190 per sq meter (£482 per sq foot).
The average size of a house on POWYS CLOSE is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Powys Close |
| Mar 2024 | Other theft | Under investigation | On or near Powys Close |
| Mar 2024 | Anti-social behaviour | On or near Powys Close | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Heath Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lessness Avenue |