£718,710
This estimated value is based upon the latest sale price for the house of £590,000 on 28 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Springbank Road, London, SE13 6SN
Phone: 02034782983
| Price Paid | Date |
|---|---|
| £590,000 | 28 Jul 2020 |
| £400,000 | 4 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 909 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £590,000 results in an estimated price of approximately £718,710.
| 28 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £590,000 | £128,710 | £718,710 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 20.043 % | £118,253 | £708,253 |
| 3 Month Average | 9.900 % | £58,409 | £648,409 |
| 6 Month Average | 3.952 % | £23,318 | £613,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £660,289 | £640,000 | 32 BRIGHTSIDE ROAD |
| 16 Jun 2023 | £331,646 | £325,000 | 7A MALLET ROAD |
| 9 Mar 2023 | £521,713 | £513,000 | 85 BRIGHTSIDE ROAD |
| 3 Mar 2023 | £349,334 | £343,500 | 22 MALLET ROAD |
| 10 Aug 2022 | £582,725 | £580,000 | 29 ARDMERE ROAD |
This house has a floor area of 84 sq meters or 909 sq feet when measured on 5 Apr 2011. Using an estimated price of £718,711 means this house is valued at £8,506 per sq meter (£790 per sq foot).
The average size of a house on BRIGHTSIDE ROAD is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Mallet Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mallet Road |
| Aug 2024 | Anti-social behaviour | On or near Mallet Road | |
| Aug 2024 | Anti-social behaviour | On or near Mallet Road | |
| Aug 2024 | Anti-social behaviour | On or near Mallet Road |