£370,202
This estimated value is based upon the latest sale price for the house of £343,000 on 17 Dec 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 |
|---|---|
| £343,000 | 17 Dec 2021 |
| £180,000 | 15 Jul 2011 |
| £145,000 | 14 Jan 2005 |
| £81,500 | 7 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £343,000 results in an estimated price of approximately £370,202.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £343,000 | £27,202 | £370,202 |
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 | -28.531 % | £-97,861 | £245,138 |
| 3 Month Average | -15.918 % | £-54,597 | £288,402 |
| 6 Month Average | -6.344 % | £-21,758 | £321,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £425,000 | £425,000 | FLAT 13 HOLMHURST, 21 BEACON ROAD |
| 31 May 2024 | £518,255 | £518,255 | 15A ST SWITHUNS ROAD |
| 24 Oct 2023 | £273,205 | £267,000 | 15B ST SWITHUNS ROAD |
| 29 Sep 2023 | £378,340 | £370,000 | FLAT 1 HOLMHURST, 21 BEACON ROAD |
| 14 Sep 2023 | £843,596 | £825,000 | 2 BEACON ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 7 Apr 2021. Using an estimated price of £370,203 means this house is valued at £5,214 per sq meter (£484 per sq foot).
The average size of a house on BEACON ROAD is 89 sq meters (964 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Beacon Road | |
| Oct 2024 | Theft from the person | Under investigation | On or near Beacon Road |
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Beacon Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beacon Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beacon Road |