£860,444
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 72.0.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 42.222%.Applying this 42.222% change to the original purchase price of £605,000 results in an estimated price of approximately £860,444.
4 Nov 2019 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.0 | 102.4 | 42.222 % | £605,000 | £255,444 | £860,444 |
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 | 5.350 % | £32,369 | £637,369 |
3 Month Average | 13.315 % | £80,557 | £685,557 |
6 Month Average | 6.535 % | £39,534 | £644,534 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2024 | £722,764 | £715,000 | 37 BRIGHTSIDE ROAD |
27 Sep 2024 | £741,323 | £722,500 | 58 BRIGHTSIDE ROAD |
23 Aug 2024 | £463,116 | £450,000 | LOWER FLAT 249 HITHER GREEN LANE |
14 Sep 2023 | £861,162 | £825,000 | 2 BEACON ROAD |
30 Jun 2023 | £764,102 | £735,000 | 10 BEACON ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Jun 2019.
The average size of a house on BRIGHTSIDE ROAD is 96 sq meters (1,040 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Mallet Road |
Dec 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Mallet Road |
Jan 2025 | Burglary | Unable to prosecute suspect | On or near Hither Green Lane |
Dec 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hither Green Lane |
Jan 2025 | Anti-social behaviour | On or near Ardmere Road |