£693,362
This estimated value is based upon the latest sale price for the house of £195,000 on 21 Feb 2001. 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 |
|---|---|
| £195,000 | 21 Feb 2001 |
| £162,500 | 12 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 February 2001 the House Price Index for GREATER LONDON was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £195,000 results in an estimated price of approximately £693,362.
| 21 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £195,000 | £498,362 | £693,362 |
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 | 282.478 % | £550,831 | £745,831 |
| 3 Month Average | 283.906 % | £553,616 | £748,616 |
| 6 Month Average | 304.837 % | £594,431 | £789,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £299,194 | £290,000 | FLAT A 96 HERBERT ROAD |
| 30 Jun 2023 | £454,100 | £445,000 | 47 RIPON ROAD |
| 28 Jun 2023 | £341,851 | £335,000 | 164A HERBERT ROAD |
| 9 Jun 2023 | £178,579 | £175,000 | 172A HERBERT ROAD |
| 25 Jan 2023 | £285,764 | £285,000 | FLAT C 100 HERBERT ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 16 Jul 2014. Using an estimated price of £693,362 means this house is valued at £9,765 per sq meter (£907 per sq foot).
The average size of a house on HERBERT ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Ripon Road | |
| Oct 2024 | Anti-social behaviour | On or near Ripon Road | |
| Oct 2024 | Anti-social behaviour | On or near Ripon Road | |
| Oct 2024 | Anti-social behaviour | On or near Ripon Road | |
| Oct 2024 | Anti-social behaviour | On or near Ripon Road |