£427,147
This estimated value is based upon the latest sale price for the house of £280,000 on 1 Aug 2014. 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 |
|---|---|
| £280,000 | 1 Aug 2014 |
| £97,000 | 31 May 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 August 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £280,000 results in an estimated price of approximately £427,147.
| 1 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £280,000 | £147,147 | £427,147 |
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 | 63.403 % | £177,529 | £457,529 |
| 3 Month Average | 72.219 % | £202,214 | £482,214 |
| 6 Month Average | 71.099 % | £199,076 | £479,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £630,530 | £620,000 | 440 BEDONWELL ROAD |
| 30 Aug 2022 | £361,691 | £360,000 | 3 BAYLEY WALK |
| 5 Aug 2022 | £477,232 | £475,000 | 424 BEDONWELL ROAD |
| 3 Sep 2021 | £303,959 | £280,000 | 274A WOOLWICH ROAD |
| 24 Aug 2020 | £211,994 | £175,500 | 75 MILFORD CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 5 Dec 2013. Using an estimated price of £427,148 means this house is valued at £7,002 per sq meter (£650 per sq foot).
The average size of a house on WOOLWICH ROAD is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Westergate Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Westergate Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Westergate Road |
| Apr 2024 | Burglary | Under investigation | On or near Leckwith Avenue |