£471,559
This estimated value is based upon the latest sale price for the house of £375,000 on 30 Apr 2018. 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 |
|---|---|
| £375,000 | 30 Apr 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £375,000 results in an estimated price of approximately £471,559.
| 30 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £375,000 | £96,559 | £471,559 |
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 | 1.322 % | £4,958 | £379,958 |
| 3 Month Average | 6.707 % | £25,150 | £400,150 |
| 6 Month Average | 8.538 % | £32,017 | £407,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £438,473 | £425,000 | 33 HEATH AVENUE |
| 23 Jun 2023 | £474,509 | £465,000 | 18 LESSNESS AVENUE |
| 31 Mar 2023 | £241,534 | £237,500 | 14 MARLEY AVENUE |
| 16 Sep 2022 | £484,676 | £485,000 | 47 CANBERRA ROAD |
| 15 Jul 2022 | £328,289 | £325,000 | 1 POWYS CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 2 Aug 2017. Using an estimated price of £471,559 means this house is valued at £6,641 per sq meter (£617 per sq foot).
The average size of a house on MARLEY AVENUE is 95 sq meters (1,024 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Powys Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Heath Avenue |