£331,646
This estimated value is based upon the latest sale price for the house of £325,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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140 Plumstead Common Road, Plumstead, SE18 2UL
Phone: 02036416626
| Price Paid | Date |
|---|---|
| £325,000 | 9 Jun 2023 |
| £56,500 | 11 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £325,000 results in an estimated price of approximately £331,646.
| 9 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £325,000 | £6,646 | £331,646 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | -9.449 % | £-30,708 | £294,291 |
| 3 Month Average | 4.689 % | £15,238 | £340,238 |
| 6 Month Average | 10.026 % | £32,585 | £357,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £440,000 | £440,000 | 169 FLAXTON ROAD |
| 7 Dec 2023 | £417,839 | £405,000 | 172 FLAXTON ROAD |
| 24 Nov 2023 | £395,027 | £385,000 | 35 ALABAMA STREET |
| 18 Aug 2023 | £437,898 | £430,000 | 171 FLAXTON ROAD |
| 9 Jun 2023 | £331,646 | £325,000 | 13 ALABAMA STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 22 Mar 2016. Using an estimated price of £331,646 means this house is valued at £5,621 per sq meter (£522 per sq foot).
The average size of a house on ALABAMA STREET is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Barden Street |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Duncroft |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncroft |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duncroft |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Duncroft |