£523,782
This estimated value is based upon the latest sale price for the house of £395,000 on 12 Aug 2016. 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 |
|---|---|
| £395,000 | 12 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.603%.Applying this 32.603% change to the original purchase price of £395,000 results in an estimated price of approximately £523,782.
| 12 Aug 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.0 | 32.603 % | £395,000 | £128,782 | £523,782 |
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 | 48.922 % | £193,240 | £588,240 |
| 3 Month Average | 21.001 % | £82,952 | £477,952 |
| 6 Month Average | 20.668 % | £81,639 | £476,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £468,801 | £465,000 | 18 LESSNESS AVENUE |
| 31 Mar 2023 | £238,791 | £237,500 | 14 MARLEY AVENUE |
| 16 Sep 2022 | £479,172 | £485,000 | 47 CANBERRA ROAD |
| 13 May 2022 | £426,337 | £420,000 | 15 MARLEY AVENUE |
| 4 Feb 2022 | £266,337 | £255,000 | 48 LESSNESS AVENUE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 11 Apr 2016. Using an estimated price of £523,783 means this house is valued at £4,328 per sq meter (£402 per sq foot).
The average size of a house on CANBERRA ROAD is 115 sq meters (1,241 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Canberra Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lessness Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Heath Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Powys Close |
| Mar 2024 | Other theft | Under investigation | On or near Powys Close |