£747,492
This estimated value is based upon the latest sale price for the house of £605,000 on 4 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Springbank Road, London, SE13 6SN
Phone: 02034782983
| Price Paid | Date |
|---|---|
| £605,000 | 4 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £605,000 results in an estimated price of approximately £747,492.
| 4 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £605,000 | £142,492 | £747,492 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 7.079 % | £42,825 | £647,825 |
| 3 Month Average | 4.282 % | £25,905 | £630,905 |
| 6 Month Average | 7.124 % | £43,102 | £648,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £358,134 | £350,000 | FLAT 77 CATALPA COURT HITHER GREEN LANE |
| 14 Sep 2023 | £843,596 | £825,000 | 2 BEACON ROAD |
| 30 Jun 2023 | £750,031 | £735,000 | 10 BEACON ROAD |
| 16 Jun 2023 | £331,646 | £325,000 | 7A MALLET ROAD |
| 9 Mar 2023 | £521,713 | £513,000 | 85 BRIGHTSIDE ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Jun 2019. Using an estimated price of £747,492 means this house is valued at £8,691 per sq meter (£807 per sq foot).
The average size of a house on BRIGHTSIDE ROAD is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mallet Road |
| Aug 2024 | Anti-social behaviour | On or near Mallet Road | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mallet Road |
| Aug 2024 | Anti-social behaviour | On or near Mallet Road | |
| Aug 2024 | Anti-social behaviour | On or near Mallet Road |