£597,423
This estimated value is based upon the latest sale price for the house of £480,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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11-15 Woolwich Road, Greenwich, SE10 0RA
Phone: 02036413728
| Price Paid | Date |
|---|---|
| £480,000 | 28 Jun 2019 |
| £332,500 | 16 Jan 2015 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £480,000 results in an estimated price of approximately £597,423.
| 28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £480,000 | £117,423 | £597,423 |
The Postcode Pricing Model uses changes in average sales price within the SE10 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 | -4.735 % | £-22,727 | £457,272 |
| 3 Month Average | 7.708 % | £36,996 | £516,996 |
| 6 Month Average | -4.576 % | £-21,963 | £458,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £514,468 | £510,000 | 53A AZOF STREET |
| 27 Mar 2024 | £258,979 | £255,000 | 120 BLACKWALL LANE |
| 21 Aug 2023 | £300,418 | £295,000 | 54 HEVELIUS CLOSE |
| 14 Apr 2023 | £355,652 | £349,000 | 21 HEVELIUS CLOSE |
| 7 Mar 2023 | £276,620 | £272,000 | 102 ARMITAGE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 28 May 2019. Using an estimated price of £597,424 means this house is valued at £7,659 per sq meter (£711 per sq foot).
The average size of a house on TUNNEL AVENUE is 89 sq meters (965 sq feet).