£308,321
This estimated value is based upon the latest sale price for the house of £165,000 on 19 Dec 2008. 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 |
---|---|
£165,000 | 19 Dec 2008 |
£250,000 | 2 Nov 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 2008 the House Price Index for GREATER LONDON was 54.8.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 86.861%.Applying this 86.861% change to the original purchase price of £165,000 results in an estimated price of approximately £308,321.
19 Dec 2008 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
54.8 | 102.4 | 86.861 % | £165,000 | £143,321 | £308,321 |
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 | 117.120 % | £193,247 | £358,247 |
3 Month Average | 138.704 % | £228,861 | £393,861 |
6 Month Average | 100.984 % | £166,623 | £331,623 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2024 | £394,235 | £390,000 | FLAT 30 ROSSE GARDENS DESVIGNES DRIVE |
17 Oct 2024 | £356,972 | £350,000 | FLAT 53 ROSSE GARDENS DESVIGNES DRIVE |
27 Sep 2024 | £359,118 | £350,000 | FLAT 8 ROSSE GARDENS DESVIGNES DRIVE |
9 Sep 2024 | £374,509 | £365,000 | FLAT 9 GREENWICH HOUSE OAKWOOD CLOSE |
15 Aug 2024 | £123,497 | £120,000 | FLAT 15 GREENWICH HOUSE OAKWOOD CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 6 Dec 2018. Using an estimated price of £308,321 means this house is valued at £4,671 per sq meter (£433 per sq foot).
The average size of a house on DESVIGNES DRIVE is 67 sq meters (726 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Anti-social behaviour | On or near Desvignes Drive | |
Jan 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Desvignes Drive |