£451,171
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Aug 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
62 Springbank Road, London, SE13 6SN
Phone: 02034782983
Price Paid | Date |
---|---|
£250,000 | 12 Aug 2009 |
£250,000 | 12 Aug 2009 |
£99,950 | 29 May 1998 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 August 2009 the House Price Index for GREATER LONDON was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £250,000 results in an estimated price of approximately £451,171.
12 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 148.6 | 80.468 % | £250,000 | £201,171 | £451,171 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 21.111 % | £52,776 | £302,776 |
3 Month Average | 78.773 % | £196,932 | £446,932 |
6 Month Average | 80.916 % | £202,290 | £452,290 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £383,614 | £380,000 | FLAT 2 5 HIGHFIELD CLOSE |
31 Oct 2022 | £326,485 | £330,000 | FLAT 84 CHERRYWOOD LODGE BIRDWOOD AVENUE |
18 Mar 2022 | £357,510 | £345,000 | FLAT 7 4 HIGHFIELD CLOSE |
11 Nov 2021 | £286,601 | £265,000 | FLAT 31 CHERRYWOOD LODGE BIRDWOOD AVENUE |
30 Sep 2021 | £363,687 | £337,500 | FLAT 4 2 HIGHFIELD CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 24 Feb 2009. Using an estimated price of £451,171 means this house is valued at £5,711 per sq meter (£530 per sq foot).
The average size of a house on HEATHER CLOSE is 80 sq meters (867 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Heather Close | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Highfield Close |
Apr 2024 | Anti-social behaviour | On or near Highfield Close | |
Mar 2024 | Anti-social behaviour | On or near Highfield Close | |
Feb 2024 | Vehicle crime | Under investigation | On or near Highfield Close |