£584,200
This estimated value is based upon the latest sale price for the house of £460,000 on 20 Nov 2017. 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 |
|---|---|
| £460,000 | 20 Nov 2017 |
| £62,500 | 14 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £460,000 results in an estimated price of approximately £584,200.
| 20 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £460,000 | £124,200 | £584,200 |
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 | 29.491 % | £135,658 | £595,658 |
| 3 Month Average | 42.189 % | £194,068 | £654,068 |
| 6 Month Average | 23.674 % | £108,900 | £568,900 |
| 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 139 sq meters or 1,496 sq feet when measured on 28 Jul 2017. Using an estimated price of £584,200 means this house is valued at £4,202 per sq meter (£390 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 |