£941,698
This estimated value is based upon the latest sale price for the house of £700,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Plumstead Common Road, Corner Of Herbert Road, Woolwich, SE18 3TN
Phone: 02036413117
| Price Paid | Date |
|---|---|
| £700,000 | 31 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.528%.Applying this 34.528% change to the original purchase price of £700,000 results in an estimated price of approximately £941,698.
| 31 Mar 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.0 | 34.528 % | £700,000 | £241,698 | £941,698 |
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 | 13.334 % | £93,338 | £793,338 |
| 3 Month Average | 15.624 % | £109,368 | £809,368 |
| 6 Month Average | 18.073 % | £126,513 | £826,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £448,638 | £445,000 | 47 RIPON ROAD |
| 28 Jun 2023 | £337,738 | £335,000 | 164A HERBERT ROAD |
| 9 Jun 2023 | £176,431 | £175,000 | 172A HERBERT ROAD |
| 25 Jan 2023 | £282,518 | £285,000 | FLAT C 100 HERBERT ROAD |
| 29 Sep 2022 | £370,494 | £375,000 | 60 HERBERT ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Aug 2019. Using an estimated price of £941,699 means this house is valued at £10,949 per sq meter (£1,017 per sq foot).
The average size of a house on HERBERT ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Eglinton Hill |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Eglinton Hill |
| Mar 2024 | Robbery | Under investigation | On or near Eglinton Hill |
| Mar 2024 | Other theft | Under investigation | On or near Eglinton Hill |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eglinton Hill |