£290,281
This estimated value is based upon the latest sale price for the house of £158,995 on 31 Aug 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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158 Plumstead Road, London, SE18 7DY
Phone: 02036413628
| Price Paid | Date |
|---|---|
| £158,995 | 31 Aug 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2005 the House Price Index for GREATER LONDON was 81.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 82.573%.Applying this 82.573% change to the original purchase price of £158,995 results in an estimated price of approximately £290,281.
| 31 Aug 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.0 | 82.573 % | £158,995 | £131,286 | £290,281 |
The Postcode Pricing Model uses changes in average sales price within the SE28 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 | 127.863 % | £203,295 | £362,290 |
| 3 Month Average | 67.008 % | £106,539 | £265,534 |
| 6 Month Average | 53.750 % | £85,459 | £244,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2022 | £274,629 | £275,000 | 109 MILES DRIVE |
| 6 Jan 2020 | £236,884 | £195,000 | 82 MILES DRIVE |
| 30 Oct 2019 | £317,557 | £260,000 | FLAT 70 HILL HOUSE DEFENCE CLOSE |
| 20 Jun 2019 | £307,625 | £250,000 | 7 BAILEY CLOSE |
| 20 Dec 2018 | £276,435 | £225,000 | 86 MILES DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Oct 2016. Using an estimated price of £290,281 means this house is valued at £4,088 per sq meter (£379 per sq foot).
The average size of a house on MILES DRIVE is 82 sq meters (889 sq feet).