£525,044
This estimated value is based upon the latest sale price for the house of £306,000 on 19 Feb 2010. 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 |
|---|---|
| £306,000 | 19 Feb 2010 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,626 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 February 2010 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £306,000 results in an estimated price of approximately £525,044.
| 19 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.583 % | £306,000 | £219,044 | £525,044 |
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 | 113.319 % | £346,756 | £652,756 |
| 3 Month Average | 97.967 % | £299,779 | £605,779 |
| 6 Month Average | 89.447 % | £273,708 | £579,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £458,986 | £455,000 | 12 MADISON CRESCENT |
| 1 Jun 2023 | £561,247 | £550,000 | 3 FIRST AVENUE |
| 3 Feb 2023 | £566,786 | £563,000 | 37 FIRST AVENUE |
| 11 Jul 2022 | £606,073 | £600,000 | 13 MADISON GARDENS |
| 17 Jun 2022 | £597,778 | £585,000 | 61 FIRST AVENUE |
This house has a floor area of 151 sq meters or 1,626 sq feet when measured on 9 Mar 2009. Using an estimated price of £525,044 means this house is valued at £3,475 per sq meter (£322 per sq foot).
The average size of a house on MADISON CRESCENT is 119 sq meters (1,281 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Madison Crescent |
| Apr 2024 | Vehicle crime | Under investigation | On or near Plymstock Road |
| Apr 2024 | Burglary | Under investigation | On or near Madison Gardens |
| Apr 2024 | Anti-social behaviour | On or near Lansdowne Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Lansdowne Avenue |