£475,550
This estimated value is based upon the latest sale price for the house of £360,000 on 21 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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140 Plumstead Common Road, Plumstead, SE18 2UL
Phone: 02036416626
| Price Paid | Date |
|---|---|
| £360,000 | 21 Dec 2016 |
| £164,136 | 20 Jun 2003 |
| £57,500 | 28 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £360,000 results in an estimated price of approximately £475,550.
| 21 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £360,000 | £115,550 | £475,550 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | 61.448 % | £221,213 | £581,213 |
| 3 Month Average | 31.761 % | £114,339 | £474,339 |
| 6 Month Average | 17.136 % | £61,687 | £421,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £429,761 | £420,000 | 147 ALABAMA STREET |
| 23 Jun 2023 | £637,781 | £625,000 | 4 DORAN GROVE |
| 3 Mar 2023 | £410,353 | £403,500 | 131 ALABAMA STREET |
| 14 Nov 2022 | £477,766 | £480,000 | 41 LANDSTEAD ROAD |
| 13 May 2022 | £379,897 | £370,000 | 54 ALABAMA STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 28 Oct 2015. Using an estimated price of £475,550 means this house is valued at £5,466 per sq meter (£507 per sq foot).
The average size of a house on RAYMERE GARDENS is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Raymere Gardens |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Raymere Gardens |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Raymere Gardens |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alabama Street |
| Jul 2024 | Anti-social behaviour | On or near Alabama Street |