£369,712
This estimated value is based upon the latest sale price for the house of £212,500 on 24 May 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Madison Gardens
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511 Abbey Road, Abbey Wood, London, SE2 9HA
Phone: 02034782990
Price Paid | Date |
---|---|
£212,500 | 24 May 2011 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,021 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 May 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £212,500 results in an estimated price of approximately £369,712.
24 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 73.982 % | £212,500 | £157,212 | £369,712 |
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 | 110.107 % | £233,977 | £446,477 |
3 Month Average | 83.069 % | £176,521 | £389,021 |
6 Month Average | 78.799 % | £167,447 | £379,947 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2023 | £561,247 | £550,000 | 3 FIRST AVENUE |
17 Mar 2023 | £574,596 | £565,000 | 4 FIRST AVENUE |
3 Feb 2023 | £566,786 | £563,000 | 37 FIRST AVENUE |
13 Jan 2023 | £486,299 | £485,000 | 44 FIRST AVENUE |
11 Jul 2022 | £606,073 | £600,000 | 13 MADISON GARDENS |
This house has a floor area of 94 sq meters or 1,021 sq feet when measured on 15 Mar 2011. Using an estimated price of £369,712 means this house is valued at £3,894 per sq meter (£361 per sq foot).
The average size of a house on FIRST AVENUE is 111 sq meters (1,203 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Madison Gardens |
Apr 2024 | Burglary | Under investigation | On or near Hartley Road |
Apr 2024 | Anti-social behaviour | On or near Hartley Road | |
Apr 2024 | Anti-social behaviour | On or near Hartley Road | |
Apr 2024 | Anti-social behaviour | On or near Hartley Road |