£589,243
This estimated value is based upon the latest sale price for the house of £337,500 on 17 Jun 2011. 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 |
|---|---|
| £337,500 | 17 Jun 2011 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,299 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 June 2011 the House Price Index for GREATER LONDON was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £337,500 results in an estimated price of approximately £589,243.
| 17 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 149.7 | 74.591 % | £337,500 | £251,743 | £589,243 |
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 | 110.875 % | £374,203 | £711,703 |
| 3 Month Average | 130.696 % | £441,099 | £778,599 |
| 6 Month Average | 151.975 % | £512,914 | £850,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £520,000 | £520,000 | 2 BURCHARBRO ROAD |
| 19 Apr 2024 | £163,924 | £162,500 | 37 ST JOSEPHS COURT WOOLWICH ROAD |
| 8 Dec 2023 | £421,966 | £409,000 | 28 WEST HEATH ROAD |
| 29 Sep 2023 | £8,180 | £8,000 | 46 WEST HEATH ROAD |
| 29 Sep 2023 | £357,889 | £350,000 | 25 WEST HEATH ROAD |
This house has a floor area of 120 sq meters or 1,299 sq feet when measured on 3 Jul 2009. Using an estimated price of £589,243 means this house is valued at £4,881 per sq meter (£453 per sq foot).
The average size of a house on BURCHARBRO ROAD is 150 sq meters (1,621 sq feet).
| 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 | |
| Jul 2024 | Anti-social behaviour | On or near Burcharbro Road | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Heath Road |