£201,222
This estimated value is based upon the latest sale price for the house of £44,000 on 21 Jan 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Springrice Road
More crime details
Get our free house price tracker.
62 Springbank Road, London, SE13 6SN
Phone: 02034782983
| Price Paid | Date |
|---|---|
| £44,000 | 21 Jan 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 January 1999 the House Price Index for GREATER LONDON was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £44,000 results in an estimated price of approximately £201,222.
| 21 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 149.7 | 357.324 % | £44,000 | £157,222 | £201,222 |
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 | 397.073 % | £174,712 | £218,712 |
| 3 Month Average | 422.876 % | £186,065 | £230,065 |
| 6 Month Average | 423.745 % | £186,447 | £230,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £763,460 | £740,000 | FLAT 2 PARK HOUSE, 2 EDWIN HALL PLACE |
| 14 Sep 2023 | £843,596 | £825,000 | 2 BEACON ROAD |
| 30 Jun 2023 | £750,031 | £735,000 | 10 BEACON ROAD |
| 14 Jun 2023 | £367,362 | £360,000 | FLAT 31 MOUNTSFIELD COURT HITHER GREEN LANE |
| 9 Sep 2022 | £384,743 | £385,000 | FLAT 12A MOUNTSFIELD COURT HITHER GREEN LANE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 16 Jun 2020. Using an estimated price of £201,223 means this house is valued at £3,869 per sq meter (£359 per sq foot).
The average size of a house on HITHER GREEN LANE is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Springrice Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springrice Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Springrice Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Springrice Road |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |