£328,289
This estimated value is based upon the latest sale price for the house of £325,000 on 15 Jul 2022. 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 |
|---|---|
| £325,000 | 15 Jul 2022 |
| Semi-Detached |
| Freehold |
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 July 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £325,000 results in an estimated price of approximately £328,289.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £325,000 | £3,289 | £328,289 |
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 | 21.760 % | £70,719 | £395,719 |
| 3 Month Average | -7.694 % | £-25,005 | £299,994 |
| 6 Month Average | -4.046 % | £-13,148 | £311,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £438,473 | £425,000 | 33 HEATH AVENUE |
| 15 Dec 2023 | £459,107 | £445,000 | 111 GLENVIEW |
| 23 Jun 2023 | £474,509 | £465,000 | 18 LESSNESS AVENUE |
| 31 Mar 2023 | £241,534 | £237,500 | 14 MARLEY AVENUE |
| 15 Jul 2022 | £328,289 | £325,000 | 1 POWYS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near Powys Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heath Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lessness Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lessness Avenue |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Abbott'S Walk |