£326,960
This estimated value is based upon the latest sale price for the house of £81,500 on 28 Jan 2000. 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 |
|---|---|
| £81,500 | 28 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 January 2000 the House Price Index for GREATER LONDON was 37.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 301.178%.Applying this 301.178% change to the original purchase price of £81,500 results in an estimated price of approximately £326,960.
| 28 Jan 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.3 | 149.7 | 301.178 % | £81,500 | £245,460 | £326,960 |
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 | 329.109 % | £268,224 | £349,724 |
| 3 Month Average | 338.053 % | £275,512 | £357,012 |
| 6 Month Average | 359.624 % | £293,093 | £374,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £275,000 | £275,000 | 82 LLANOVER ROAD |
| 28 Mar 2024 | £421,476 | £415,000 | 83 EGLINTON ROAD |
| 15 Dec 2023 | £438,473 | £425,000 | 61 EGLINTON ROAD |
| 6 Nov 2023 | £687,450 | £670,000 | 21 WHITWORTH ROAD |
| 1 Sep 2023 | £424,355 | £415,000 | 48 WHITWORTH ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 23 Oct 2014. Using an estimated price of £326,960 means this house is valued at £3,515 per sq meter (£326 per sq foot).
The average size of a house on WHITWORTH ROAD is 100 sq meters (1,083 sq feet).