£507,503
This estimated value is based upon the latest sale price for the house of £250,000 on 28 May 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Plumstead High Street, SE18 1SL
Phone: 02077680984
| Price Paid | Date |
|---|---|
| £250,000 | 28 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 May 2004 the House Price Index for GREATER LONDON was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £250,000 results in an estimated price of approximately £507,503.
| 28 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £250,000 | £257,503 | £507,503 |
The Postcode Pricing Model uses changes in average sales price within the SE28 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 | 4.843 % | £12,107 | £262,107 |
| 3 Month Average | 89.244 % | £223,108 | £473,108 |
| 6 Month Average | 90.601 % | £226,502 | £476,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £287,185 | £278,360 | 14 HILL VIEW DRIVE |
| 30 Nov 2023 | £263,181 | £256,500 | 2 HILL VIEW DRIVE |
| 24 Nov 2023 | £369,376 | £360,000 | 4 MARTINS WALK |
| 15 Sep 2023 | £511,271 | £500,000 | 24 HILL VIEW DRIVE |
| 21 Mar 2023 | £330,235 | £324,720 | 5 MARTINS PLACE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 25 May 2018. Using an estimated price of £507,504 means this house is valued at £3,625 per sq meter (£336 per sq foot).
The average size of a house on HILL VIEW DRIVE is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hill View Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Tor Grove |