£229,147
This estimated value is based upon the latest sale price for the house of £157,000 on 27 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Springbank Road, London, SE13 6SN
Phone: 02034782983
| Price Paid | Date |
|---|---|
| £157,000 | 27 May 2015 |
| £75,000 | 24 Sep 2001 |
| £65,000 | 14 Sep 2001 |
| £50,000 | 12 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 543 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £157,000 results in an estimated price of approximately £229,147.
| 27 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £157,000 | £72,147 | £229,147 |
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 | -16.142 % | £-25,342 | £131,657 |
| 3 Month Average | 28.342 % | £44,497 | £201,497 |
| 6 Month Average | 25.684 % | £40,324 | £197,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £364,414 | £360,000 | FLAT 31 MOUNTSFIELD COURT HITHER GREEN LANE |
| 9 Sep 2022 | £381,916 | £385,000 | FLAT 12A MOUNTSFIELD COURT HITHER GREEN LANE |
| 20 May 2022 | £414,816 | £407,000 | 125 HITHER GREEN LANE |
| 25 Apr 2022 | £337,259 | £327,500 | GROUND FLOOR FLAT 27 SPRINGRICE ROAD |
| 14 Apr 2022 | £381,026 | £370,000 | 225A HITHER GREEN LANE |
This house has a floor area of 50 sq meters or 543 sq feet when measured on 23 Jul 2009. Using an estimated price of £229,148 means this house is valued at £4,537 per sq meter (£421 per sq foot).
The average size of a house on HITHER GREEN LANE is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |