£406,669
This estimated value is based upon the latest sale price for the house of £392,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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105 Plumstead High Street, Plumstead, SE18 1SB
Phone: 02036412219
Price Paid | Date |
---|---|
£392,000 | 8 Apr 2022 |
£175,000 | 30 Aug 2006 |
£92,000 | 11 Jan 2002 |
£59,999 | 9 Oct 1998 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 April 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £392,000 results in an estimated price of approximately £406,669.
8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £392,000 | £14,669 | £406,669 |
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 | -31.795 % | £-124,636 | £267,363 |
3 Month Average | 6.657 % | £26,094 | £418,094 |
6 Month Average | 14.888 % | £58,359 | £450,359 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £418,635 | £415,000 | 22 BALGOWAN STREET |
27 Mar 2024 | £355,461 | £350,000 | 1 BALGOWAN STREET |
20 Dec 2023 | £443,632 | £430,000 | 31 BALGOWAN STREET |
5 Dec 2023 | £435,894 | £422,500 | 16 BROOKDENE ROAD |
4 Sep 2023 | £357,889 | £350,000 | 93 MARMADON ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 26 Feb 2018. Using an estimated price of £406,669 means this house is valued at £5,281 per sq meter (£490 per sq foot).
The average size of a house on BALGOWAN STREET is 94 sq meters (1,015 sq feet).