£606,072
This estimated value is based upon the latest sale price for the house of £600,000 on 11 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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511 Abbey Road, Abbey Wood, London, SE2 9HA
Phone: 02034782990
| Price Paid | Date |
|---|---|
| £600,000 | 11 Jul 2022 |
| Semi-Detached |
| Freehold |
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 July 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £600,000 results in an estimated price of approximately £606,072.
| 11 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £600,000 | £6,072 | £606,072 |
The Postcode Pricing Model uses changes in average sales price within the DA7 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 | 14.057 % | £84,343 | £684,343 |
| 3 Month Average | -5.028 % | £-30,167 | £569,832 |
| 6 Month Average | -1.397 % | £-8,380 | £591,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £458,986 | £455,000 | 12 MADISON CRESCENT |
| 1 Jun 2023 | £561,247 | £550,000 | 3 FIRST AVENUE |
| 17 Mar 2023 | £574,596 | £565,000 | 4 FIRST AVENUE |
| 3 Feb 2023 | £566,786 | £563,000 | 37 FIRST AVENUE |
| 13 Jan 2023 | £486,299 | £485,000 | 44 FIRST AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Madison Gardens |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lansdowne Avenue |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Lansdowne Avenue |
| Oct 2024 | Theft from the person | Unable to prosecute suspect | On or near Lansdowne Avenue |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Lansdowne Avenue |