£649,713
This estimated value is based upon the latest sale price for the house of £523,000 on 31 May 2018. 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 |
|---|---|
| £523,000 | 31 May 2018 |
| £405,000 | 23 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £523,000 results in an estimated price of approximately £649,713.
| 31 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.0 | 24.228 % | £523,000 | £126,713 | £649,713 |
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 | 11.163 % | £58,384 | £581,384 |
| 3 Month Average | 12.254 % | £64,089 | £587,089 |
| 6 Month Average | 18.978 % | £99,256 | £622,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £416,887 | £409,000 | 28 WEST HEATH ROAD |
| 17 Apr 2023 | £277,059 | £275,000 | 42 WEST HEATH ROAD |
| 31 Jan 2023 | £270,623 | £273,000 | 3 ST JOSEPHS COURT WOOLWICH ROAD |
| 25 May 2022 | £238,546 | £235,000 | FLAT 1 CHATTENDENE, 46 WEST HEATH ROAD |
| 30 Mar 2022 | £268,340 | £260,000 | FLAT 3 ST. HILARY HOUSE WOOLWICH ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 31 Aug 2021. Using an estimated price of £649,714 means this house is valued at £5,553 per sq meter (£515 per sq foot).
The average size of a house on PINEWOOD ROAD is 187 sq meters (2,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Burcharbro Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Heath View Drive |
| Mar 2024 | Robbery | Under investigation | On or near Heath View Drive |
| Mar 2024 | Other theft | Under investigation | On or near Heath View Drive |
| Mar 2024 | Other theft | Under investigation | On or near Heath View Drive |