£500,087
This estimated value is based upon the latest sale price for the house of £414,000 on 28 Aug 2020. 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 |
|---|---|
| £414,000 | 28 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £414,000 results in an estimated price of approximately £500,087.
| 28 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £414,000 | £86,087 | £500,087 |
The Postcode Pricing Model uses changes in average sales price within the SE2 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 | 41.229 % | £170,686 | £584,686 |
| 3 Month Average | 15.303 % | £63,352 | £477,352 |
| 6 Month Average | 14.198 % | £58,780 | £472,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £570,674 | £560,000 | 56A SYDNEY ROAD |
| 14 Mar 2023 | £635,615 | £625,000 | 115 SYDNEY ROAD |
| 5 Aug 2022 | £366,715 | £365,000 | 85 SYDNEY ROAD |
| 8 Jan 2021 | £373,675 | £325,000 | 123 SYDNEY ROAD |
| 21 Oct 2020 | £395,892 | £335,000 | 146 LENSBURY WAY |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 13 Feb 2020. Using an estimated price of £500,088 means this house is valued at £4,855 per sq meter (£451 per sq foot).
The average size of a house on SYDNEY ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Dalberg Way |