£282,053
This estimated value is based upon the latest sale price for the house of £157,000 on 1 Sep 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Springbank Road, London, SE13 6SN
Phone: 02034782983
| Price Paid | Date |
|---|---|
| £157,000 | 1 Sep 2009 |
| £70,000 | 21 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 860 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 September 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £157,000 results in an estimated price of approximately £282,053.
| 1 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 149.7 | 79.652 % | £157,000 | £125,053 | £282,053 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 115.849 % | £181,883 | £338,883 |
| 3 Month Average | 82.100 % | £128,897 | £285,897 |
| 6 Month Average | 79.224 % | £124,381 | £281,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £685,103 | £670,000 | 20 THEODORE ROAD |
| 3 Aug 2023 | £386,980 | £380,000 | 16A THEODORE ROAD |
| 31 Mar 2023 | £539,001 | £530,000 | 25 THEODORE ROAD |
| 7 Mar 2023 | £526,798 | £518,000 | 11 THEODORE ROAD |
| 13 Feb 2023 | £369,971 | £367,500 | 8A SPRINGRICE ROAD |
This house has a floor area of 79 sq meters or 860 sq feet when measured on 17 Dec 2008. Using an estimated price of £282,054 means this house is valued at £3,527 per sq meter (£327 per sq foot).
The average size of a house on THEODORE ROAD is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Theodore Road | |
| Apr 2024 | Anti-social behaviour | On or near Theodore Road | |
| Apr 2024 | Anti-social behaviour | On or near Theodore Road | |
| Apr 2024 | Anti-social behaviour | On or near Theodore Road | |
| Apr 2024 | Public order | Under investigation | On or near Theodore Road |