£349,333
This estimated value is based upon the latest sale price for the house of £343,500 on 3 Mar 2023. 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 |
|---|---|
| £343,500 | 3 Mar 2023 |
| £325,000 | 4 Dec 2020 |
| £282,500 | 18 Jan 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £343,500 results in an estimated price of approximately £349,333.
| 3 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £343,500 | £5,833 | £349,333 |
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 | -27.871 % | £-95,736 | £247,763 |
| 3 Month Average | -1.339 % | £-4,599 | £338,900 |
| 6 Month Average | 2.408 % | £8,271 | £351,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £660,289 | £640,000 | 32 BRIGHTSIDE ROAD |
| 16 Jun 2023 | £331,646 | £325,000 | 7A MALLET ROAD |
| 9 Mar 2023 | £521,713 | £513,000 | 85 BRIGHTSIDE ROAD |
| 3 Mar 2023 | £349,334 | £343,500 | 22 MALLET ROAD |
| 10 Aug 2022 | £582,725 | £580,000 | 29 ARDMERE ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 20 Aug 2020. Using an estimated price of £349,334 means this house is valued at £7,939 per sq meter (£737 per sq foot).
The average size of a house on MALLET ROAD is 66 sq meters (720 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Mallet Road | |
| Aug 2024 | Anti-social behaviour | On or near Mallet Road | |
| Aug 2024 | Anti-social behaviour | On or near Mallet Road | |
| Aug 2024 | Anti-social behaviour | On or near Mallet Road | |
| Aug 2024 | Anti-social behaviour | On or near Mallet Road |