£291,356
This estimated value is based upon the latest sale price for the house of £172,500 on 11 Jun 2010. 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 |
|---|---|
| £172,500 | 11 Jun 2010 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 855 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 2010 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 68.902%.Applying this 68.902% change to the original purchase price of £172,500 results in an estimated price of approximately £291,356.
| 11 Jun 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.0 | 68.902 % | £172,500 | £118,856 | £291,356 |
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 | 104.950 % | £181,038 | £353,538 |
| 3 Month Average | 98.410 % | £169,756 | £342,256 |
| 6 Month Average | 100.198 % | £172,841 | £345,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £256,909 | £255,000 | 58 LENSBURY WAY |
| 5 Aug 2022 | £362,550 | £365,000 | 85 SYDNEY ROAD |
| 30 Jun 2021 | £235,090 | £220,000 | 70 LENSBURY WAY |
| 8 Jan 2021 | £369,432 | £325,000 | 123 SYDNEY ROAD |
| 5 Jun 2020 | £524,665 | £435,000 | 75 SYDNEY ROAD |
This house has a floor area of 79 sq meters or 855 sq feet when measured on 20 Jan 2010. Using an estimated price of £291,356 means this house is valued at £3,663 per sq meter (£340 per sq foot).
The average size of a house on OVERTON ROAD is 81 sq meters (877 sq feet).