£381,381
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Aug 2014. 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 |
|---|---|
| £250,000 | 12 Aug 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 £250,000 results in an estimated price of approximately £381,381.
| 12 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £250,000 | £131,381 | £381,381 |
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 | 17.531 % | £43,828 | £293,828 |
| 3 Month Average | 32.696 % | £81,740 | £331,740 |
| 6 Month Average | 42.950 % | £107,375 | £357,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £504,457 | £493,000 | 333A HITHER GREEN LANE |
| 22 Sep 2023 | £599,209 | £586,000 | 329A HITHER GREEN LANE |
| 21 Feb 2023 | £296,984 | £295,000 | FLAT C 20 WELLMEADOW ROAD |
| 26 Aug 2022 | £748,500 | £745,000 | 23 BENIN STREET |
| 27 Jun 2022 | £699,962 | £685,000 | 26 BENIN STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 30 Apr 2014. Using an estimated price of £381,382 means this house is valued at £6,356 per sq meter (£590 per sq foot).
The average size of a house on HITHER GREEN LANE is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Benin Street |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Benin Street |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Benin Street |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Benin Street |
| Jul 2024 | Anti-social behaviour | On or near Benin Street |