£463,373
This estimated value is based upon the latest sale price for the house of £272,500 on 12 Feb 2013. 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 |
---|---|
£272,500 | 12 Feb 2013 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,351 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 2013 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £272,500 results in an estimated price of approximately £463,373.
12 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.045 % | £272,500 | £190,873 | £463,373 |
The Postcode Pricing Model uses changes in average sales price within the SE2 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 | 120.048 % | £327,130 | £599,630 |
3 Month Average | 113.688 % | £309,799 | £582,299 |
6 Month Average | 111.455 % | £303,714 | £576,214 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £630,530 | £620,000 | 440 BEDONWELL ROAD |
30 Aug 2022 | £361,691 | £360,000 | 3 BAYLEY WALK |
5 Aug 2022 | £477,232 | £475,000 | 424 BEDONWELL ROAD |
3 Sep 2021 | £303,959 | £280,000 | 274A WOOLWICH ROAD |
24 Aug 2020 | £211,994 | £175,500 | 75 MILFORD CLOSE |
This house has a floor area of 125 sq meters or 1,351 sq feet when measured on 12 Oct 2011. Using an estimated price of £463,373 means this house is valued at £3,689 per sq meter (£342 per sq foot).
The average size of a house on WOOLWICH ROAD is 108 sq meters (1,171 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Westergate Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Westergate Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Westergate Road |
Apr 2024 | Burglary | Under investigation | On or near Leckwith Avenue |