£501,878
This estimated value is based upon the latest sale price for the house of £465,000 on 21 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 |
|---|---|
| £465,000 | 21 Dec 2021 |
| £387,500 | 5 Sep 2017 |
| 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 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 £465,000 results in an estimated price of approximately £501,878.
| 21 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £465,000 | £36,878 | £501,878 |
The Postcode Pricing Model uses changes in average sales price within the DA16 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 | 4.869 % | £22,640 | £487,640 |
| 3 Month Average | 19.689 % | £91,555 | £556,555 |
| 6 Month Average | 6.436 % | £29,926 | £494,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £574,596 | £565,000 | 4 FIRST AVENUE |
| 13 Jan 2023 | £486,299 | £485,000 | 44 FIRST AVENUE |
| 16 Mar 2022 | £443,672 | £425,000 | 54 FIRST AVENUE |
| 2 Feb 2022 | £443,712 | £420,000 | 2A FIRST AVENUE |
| 14 Jan 2022 | £658,383 | £621,000 | 2 FIRST AVENUE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 13 Nov 2015. Using an estimated price of £501,878 means this house is valued at £4,147 per sq meter (£385 per sq foot).
The average size of a house on LANGLEY ROAD is 80 sq meters (870 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Langley Road |
| Apr 2024 | Anti-social behaviour | On or near Langley Road | |
| Apr 2024 | Anti-social behaviour | On or near Langley Road | |
| Apr 2024 | Anti-social behaviour | On or near Langley Road | |
| Apr 2024 | Anti-social behaviour | On or near Langley Road |