£864,228
This estimated value is based upon the latest sale price for the house of £753,000 on 10 Dec 2020. 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 |
---|---|
£753,000 | 10 Dec 2020 |
£335,000 | 13 Jul 2012 |
£225,500 | 9 Dec 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £753,000 results in an estimated price of approximately £864,228.
10 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £753,000 | £111,228 | £864,228 |
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 | -29.708 % | £-223,702 | £529,297 |
3 Month Average | 3.526 % | £26,553 | £779,553 |
6 Month Average | -1.845 % | £-13,892 | £739,107 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £419,206 | £413,000 | FLAT B 300 LEAHURST ROAD |
15 Sep 2023 | £911,656 | £900,000 | 158 FERNBROOK ROAD |
23 Aug 2023 | £857,502 | £850,000 | 102 FERNBROOK ROAD |
25 Jul 2023 | £461,207 | £455,000 | GROUND FLOOR FLAT 270B LEAHURST ROAD |
21 Jul 2023 | £467,289 | £461,000 | 296 LEAHURST ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 10 Aug 2018. Using an estimated price of £864,228 means this house is valued at £7,716 per sq meter (£716 per sq foot).
The average size of a house on FERNBROOK ROAD is 92 sq meters (992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Fernbrook Road | |
Jan 2024 | Anti-social behaviour | On or near Fernbrook Road | |
Jan 2024 | Anti-social behaviour | On or near Fernbrook Road | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fernbrook Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Fernbrook Road |