£197,887
This estimated value is based upon the latest sale price for the house of £178,500 on 31 Mar 2021. 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 |
|---|---|
| £178,500 | 31 Mar 2021 |
| Flats/Maisonettes |
| Leasehold |
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 March 2021 the House Price Index for GREATER LONDON was 133.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.861%.Applying this 10.861% change to the original purchase price of £178,500 results in an estimated price of approximately £197,887.
| 31 Mar 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.0 | 10.861 % | £178,500 | £19,387 | £197,887 |
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 | -43.798 % | £-78,179 | £100,320 |
| 3 Month Average | 11.174 % | £19,945 | £198,445 |
| 6 Month Average | 1.802 % | £3,216 | £181,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £663,518 | £655,000 | 41 NIGHTINGALE GROVE |
| 9 Mar 2023 | £515,788 | £513,000 | 85 BRIGHTSIDE ROAD |
| 27 Feb 2023 | £696,705 | £700,000 | 17 SPRINGBANK ROAD |
| 14 Feb 2023 | £358,803 | £360,500 | 63 NIGHTINGALE GROVE |
| 26 Aug 2022 | £328,779 | £331,000 | 25 BILLINGHURST COURT, 78 - 82 NIGHTINGALE GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nightingale Grove |
| Mar 2024 | Anti-social behaviour | On or near Nightingale Grove | |
| Apr 2024 | Other theft | Under investigation | On or near Maythorne Cottages |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Maythorne Cottages |
| Apr 2024 | Theft from the person | Under investigation | On or near Maythorne Cottages |