£621,796
This estimated value is based upon the latest sale price for the house of £477,500 on 13 Apr 2017. 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 |
|---|---|
| £477,500 | 13 Apr 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £477,500 results in an estimated price of approximately £621,796.
| 13 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £477,500 | £144,296 | £621,796 |
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 | 25.469 % | £121,615 | £599,115 |
| 3 Month Average | 14.725 % | £70,311 | £547,811 |
| 6 Month Average | 8.425 % | £40,228 | £517,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £660,289 | £640,000 | 32 BRIGHTSIDE ROAD |
| 21 Aug 2023 | £781,597 | £767,500 | 11 BRIGHTSIDE ROAD |
| 16 Jun 2023 | £603,086 | £591,000 | 16 ELTHRUDA ROAD |
| 29 Jul 2022 | £661,630 | £655,000 | 3 ELTHRUDA ROAD |
| 8 Apr 2022 | £477,214 | £460,000 | 26 SPRINGBANK ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 26 Oct 2016. Using an estimated price of £621,797 means this house is valued at £8,517 per sq meter (£791 per sq foot).
The average size of a house on ELTHRUDA ROAD is 75 sq meters (817 sq feet).