£429,760
This estimated value is based upon the latest sale price for the house of £420,000 on 30 Oct 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 |
|---|---|
| £420,000 | 30 Oct 2023 |
| £177,750 | 30 Nov 2012 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £420,000 results in an estimated price of approximately £429,760.
| 30 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £420,000 | £9,760 | £429,760 |
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 | 4.638 % | £19,479 | £439,479 |
| 3 Month Average | -2.267 % | £-9,522 | £410,477 |
| 6 Month Average | 2.113 % | £8,872 | £428,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £459,107 | £445,000 | 43 ALBATROSS STREET |
| 30 Oct 2023 | £429,761 | £420,000 | 147 ALABAMA STREET |
| 3 Mar 2023 | £410,353 | £403,500 | 131 ALABAMA STREET |
| 10 Dec 2021 | £393,947 | £365,000 | 111 ALABAMA STREET |
| 30 Sep 2021 | £461,367 | £425,000 | 25 RAYMERE GARDENS |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 6 Apr 2012. Using an estimated price of £429,761 means this house is valued at £5,240 per sq meter (£486 per sq foot).
The average size of a house on ALABAMA STREET is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Raymere Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Raymere Gardens |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Raymere Gardens |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alabama Street |
| Jul 2024 | Anti-social behaviour | On or near Alabama Street |