£489,657
This estimated value is based upon the latest sale price for the house of £375,000 on 31 Mar 2017. 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 |
|---|---|
| £375,000 | 31 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £375,000 results in an estimated price of approximately £489,657.
| 31 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £375,000 | £114,657 | £489,657 |
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 | 28.209 % | £105,782 | £480,782 |
| 3 Month Average | 25.095 % | £94,107 | £469,107 |
| 6 Month Average | 24.643 % | £92,412 | £467,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £440,000 | £440,000 | 169 FLAXTON ROAD |
| 24 Nov 2023 | £395,027 | £385,000 | 35 ALABAMA STREET |
| 18 Aug 2023 | £437,898 | £430,000 | 171 FLAXTON ROAD |
| 23 Jun 2023 | £637,781 | £625,000 | 4 DORAN GROVE |
| 14 Nov 2022 | £477,766 | £480,000 | 41 LANDSTEAD ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 17 Feb 2017. Using an estimated price of £489,658 means this house is valued at £5,829 per sq meter (£541 per sq foot).
The average size of a house on RAYMERE GARDENS is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Jul 2024 | Anti-social behaviour | On or near Alabama Street | |
| Jul 2024 | Anti-social behaviour | On or near Alabama Street | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Flaxton Road |