£906,270
This estimated value is based upon the latest sale price for the house of £720,000 on 23 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Plumstead Common Road, Corner Of Herbert Road, Woolwich, SE18 3TN
Phone: 02036413117
Price Paid | Date |
---|---|
£720,000 | 23 Feb 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 147 sq meters or 1,582 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 February 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £720,000 results in an estimated price of approximately £906,270.
23 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £720,000 | £186,270 | £906,270 |
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 | 28.823 % | £207,528 | £927,528 |
3 Month Average | 40.688 % | £292,952 | £1,012,952 |
6 Month Average | 9.376 % | £67,506 | £787,506 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £773,959 | £760,000 | 40 PARADE GROUND PATH |
22 Aug 2023 | £280,051 | £275,000 | APARTMENT 5 6 ASHMORE ROAD |
19 Apr 2023 | £412,720 | £405,000 | 32 NAPOLEON LANE |
7 Jan 2022 | £215,220 | £203,000 | FLAT 1 WISE HOUSE, 1 RED LION LANE |
19 Nov 2021 | £354,094 | £325,000 | APARTMENT 2 7 WELLESLEY ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 23 Sep 2016. Using an estimated price of £906,271 means this house is valued at £6,165 per sq meter (£572 per sq foot).
The average size of a house on WELLESLEY ROAD is 110 sq meters (1,193 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ashmore Road |
Apr 2024 | Anti-social behaviour | On or near Llanover Road | |
Apr 2024 | Anti-social behaviour | On or near Llanover Road | |
Apr 2024 | Anti-social behaviour | On or near Llanover Road | |
Apr 2024 | Anti-social behaviour | On or near Llanover Road |