£172,389
This estimated value is based upon the latest sale price for the house of £50,000 on 6 Apr 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Springbank Road, London, SE13 6SN
Phone: 02034782983
| Price Paid | Date |
|---|---|
| £50,000 | 6 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
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 2001 the House Price Index for GREATER LONDON was 42.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 244.779%.Applying this 244.779% change to the original purchase price of £50,000 results in an estimated price of approximately £172,389.
| 6 Apr 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 148.0 | 244.779 % | £50,000 | £122,389 | £172,389 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 121.531 % | £60,765 | £110,765 |
| 3 Month Average | 256.633 % | £128,316 | £178,316 |
| 6 Month Average | 267.145 % | £133,572 | £183,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £452,278 | £448,000 | FLAT 1 16 ST SWITHUNS ROAD |
| 29 Jun 2023 | £373,025 | £370,000 | 187B HITHER GREEN LANE |
| 14 Jun 2023 | £362,943 | £360,000 | FLAT 31 MOUNTSFIELD COURT HITHER GREEN LANE |
| 28 Apr 2023 | £584,343 | £580,000 | 23 ST SWITHUNS ROAD |
| 9 Sep 2022 | £380,374 | £385,000 | FLAT 12A MOUNTSFIELD COURT HITHER GREEN LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Theodore Road | |
| Apr 2024 | Public order | Under investigation | On or near Theodore Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Theodore Road |
| Mar 2024 | Robbery | Under investigation | On or near Theodore Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Theodore Road |