£482,496
This estimated value is based upon the latest sale price for the house of £467,500 on 31 Mar 2022. 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 |
|---|---|
| £467,500 | 31 Mar 2022 |
| £126,000 | 2 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £467,500 results in an estimated price of approximately £482,496.
| 31 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £467,500 | £14,996 | £482,496 |
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 | 17.475 % | £81,694 | £549,194 |
| 3 Month Average | 2.509 % | £11,728 | £479,228 |
| 6 Month Average | -5.539 % | £-25,893 | £441,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £239,532 | £235,000 | FLAT 6 ARRAS HOUSE WOOLWICH ROAD |
| 18 Aug 2023 | £452,753 | £450,000 | 195 WOOLWICH ROAD |
| 2 Aug 2023 | £603,671 | £600,000 | 12 PRIORY DRIVE |
| 31 Jul 2023 | £479,536 | £475,000 | 1 PRIORY DRIVE |
| 24 Apr 2023 | £755,616 | £750,000 | 15 PRIORY DRIVE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 12 Oct 2021. Using an estimated price of £482,497 means this house is valued at £3,421 per sq meter (£317 per sq foot).
The average size of a house on PRIORY DRIVE is 108 sq meters (1,164 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Priory Drive |
| Jan 2024 | Anti-social behaviour | On or near Priory Drive | |
| Jan 2024 | Anti-social behaviour | On or near Priory Drive | |
| Jan 2024 | Anti-social behaviour | On or near Priory Drive | |
| Jan 2024 | Anti-social behaviour | On or near Priory Drive |