£591,726
This estimated value is based upon the latest sale price for the house of £342,500 on 22 Nov 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 |
|---|---|
| £342,500 | 22 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,285 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 November 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.767%.Applying this 72.767% change to the original purchase price of £342,500 results in an estimated price of approximately £591,726.
| 22 Nov 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.767 % | £342,500 | £249,226 | £591,726 |
The Postcode Pricing Model uses changes in average sales price within the DA7 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 | 89.062 % | £305,037 | £647,537 |
| 3 Month Average | 76.801 % | £263,041 | £605,541 |
| 6 Month Average | 80.424 % | £275,453 | £617,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £474,509 | £465,000 | 18 LESSNESS AVENUE |
| 9 Jun 2023 | £448,998 | £440,000 | 111 ABBOTTS WALK |
| 31 Mar 2023 | £241,534 | £237,500 | 14 MARLEY AVENUE |
| 16 Sep 2022 | £484,676 | £485,000 | 47 CANBERRA ROAD |
| 13 May 2022 | £431,235 | £420,000 | 15 MARLEY AVENUE |
This house has a floor area of 119 sq meters or 1,285 sq feet when measured on 14 May 2010. Using an estimated price of £591,726 means this house is valued at £4,954 per sq meter (£460 per sq foot).
The average size of a house on LESSNESS AVENUE is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lessness Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lessness Avenue |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Powys Close |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Abbott'S Walk |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heath Avenue |