£264,430
This estimated value is based upon the latest sale price for the house of £245,000 on 22 Dec 2021. 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 |
---|---|
£245,000 | 22 Dec 2021 |
Flats/Maisonettes |
Leasehold |
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 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £245,000 results in an estimated price of approximately £264,430.
22 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £245,000 | £19,430 | £264,430 |
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 | -1.408 % | £-3,449 | £241,550 |
3 Month Average | 8.270 % | £20,261 | £265,261 |
6 Month Average | 23.821 % | £58,362 | £303,362 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £520,000 | £520,000 | 2 BURCHARBRO ROAD |
8 Dec 2023 | £421,966 | £409,000 | 28 WEST HEATH ROAD |
14 Nov 2023 | £334,491 | £326,000 | FLAT 3 LISTER HOUSE HURST LANE |
29 Sep 2023 | £357,889 | £350,000 | 25 WEST HEATH ROAD |
29 Sep 2023 | £8,180 | £8,000 | 46 WEST HEATH ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heath View Drive |
Jul 2024 | Anti-social behaviour | On or near Burcharbro Road | |
Jul 2024 | Anti-social behaviour | On or near Burcharbro Road | |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burcharbro Road |
Aug 2024 | Anti-social behaviour | On or near Hurst Lane |