£534,994
This estimated value is based upon the latest sale price for the house of £405,000 on 21 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
511 Abbey Road, Abbey Wood, London, SE2 9HA
Phone: 02034782990
| Price Paid | Date |
|---|---|
| £405,000 | 21 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £405,000 results in an estimated price of approximately £534,994.
| 21 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £405,000 | £129,994 | £534,994 |
The Postcode Pricing Model uses changes in average sales price within the DA7 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 | 20.129 % | £81,523 | £486,523 |
| 3 Month Average | 12.421 % | £50,304 | £455,304 |
| 6 Month Average | 17.588 % | £71,232 | £476,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £458,986 | £455,000 | 12 MADISON CRESCENT |
| 1 Jun 2023 | £561,247 | £550,000 | 3 FIRST AVENUE |
| 17 Mar 2023 | £574,596 | £565,000 | 4 FIRST AVENUE |
| 3 Feb 2023 | £566,786 | £563,000 | 37 FIRST AVENUE |
| 13 Jan 2023 | £486,299 | £485,000 | 44 FIRST AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Apr 2019. Using an estimated price of £534,994 means this house is valued at £5,752 per sq meter (£534 per sq foot).
The average size of a house on MADISON GARDENS is 128 sq meters (1,380 sq feet).
This house is the smallest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Madison Gardens |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Lansdowne Avenue |
| Oct 2024 | Theft from the person | Unable to prosecute suspect | On or near Lansdowne Avenue |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lansdowne Avenue |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lansdowne Avenue |