£540,646
This estimated value is based upon the latest sale price for the house of £440,000 on 10 Jan 2020. 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 |
|---|---|
| £440,000 | 10 Jan 2020 |
| £98,000 | 16 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £440,000 results in an estimated price of approximately £540,646.
| 10 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £440,000 | £100,646 | £540,646 |
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 | 13.919 % | £61,241 | £501,241 |
| 3 Month Average | 15.852 % | £69,748 | £509,748 |
| 6 Month Average | 8.974 % | £39,487 | £479,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £548,426 | £540,000 | 51 LANSDOWNE AVENUE |
| 22 Mar 2024 | £655,064 | £645,000 | 363 BRAMPTON ROAD |
| 11 Aug 2023 | £463,357 | £455,000 | 1 LANSDOWNE AVENUE |
| 11 Jul 2022 | £606,073 | £600,000 | 13 MADISON GARDENS |
| 28 Mar 2022 | £515,703 | £494,000 | 22 MADISON GARDENS |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 27 Sep 2019. Using an estimated price of £540,647 means this house is valued at £4,620 per sq meter (£429 per sq foot).
The average size of a house on LANSDOWNE AVENUE is 121 sq meters (1,307 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lansdowne Avenue | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Lansdowne Avenue |
| Apr 2024 | Anti-social behaviour | On or near Lansdowne Avenue | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Lansdowne Avenue |
| Apr 2024 | Anti-social behaviour | On or near Lansdowne Avenue |