£831,601
This estimated value is based upon the latest sale price for the house of £647,500 on 31 Jul 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 |
|---|---|
| £647,500 | 31 Jul 2017 |
| £470,000 | 4 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £647,500 results in an estimated price of approximately £831,601.
| 31 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £647,500 | £184,101 | £831,601 |
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 | 48.146 % | £311,743 | £959,243 |
| 3 Month Average | 5.873 % | £38,029 | £685,529 |
| 6 Month Average | 10.142 % | £65,668 | £713,168 |
| 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 123 sq meters or 1,323 sq feet when measured on 13 May 2016. Using an estimated price of £831,601 means this house is valued at £6,760 per sq meter (£628 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 | Anti-social behaviour | On or near Theodore Road |