£557,478
This estimated value is based upon the latest sale price for the house of £420,000 on 24 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
511 Abbey Road, Abbey Wood, London, SE2 9HA
Phone: 02034782990
Price Paid | Date |
---|---|
£420,000 | 24 Nov 2016 |
£220,000 | 4 Aug 2004 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £420,000 results in an estimated price of approximately £557,478.
24 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £420,000 | £137,478 | £557,478 |
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 | 27.939 % | £117,343 | £537,343 |
3 Month Average | 13.857 % | £58,198 | £478,198 |
6 Month Average | 18.061 % | £75,854 | £495,854 |
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 112 sq meters or 1,205 sq feet when measured on 27 May 2016. Using an estimated price of £557,478 means this house is valued at £4,977 per sq meter (£462 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 |