£224,404
This estimated value is based upon the latest sale price for the house of £210,000 on 4 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Plumstead Common Road, Corner Of Herbert Road, Woolwich, SE18 3TN
Phone: 02036413117
| Price Paid | Date |
|---|---|
| £210,000 | 4 Jun 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £210,000 results in an estimated price of approximately £224,404.
| 4 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £210,000 | £14,404 | £224,404 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | -8.796 % | £-18,471 | £191,528 |
| 3 Month Average | -2.962 % | £-6,220 | £203,779 |
| 6 Month Average | 1.638 % | £3,440 | £213,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £391,322 | £390,000 | 163 NIGHTINGALE VALE |
| 19 Jul 2023 | £300,341 | £297,500 | 35 KEMPT STREET |
| 10 Dec 2021 | £391,608 | £367,000 | 13 KEEMOR CLOSE |
| 21 Oct 2021 | £203,872 | £185,000 | FLAT 105 WORDSWORTH HOUSE, 6 WOOLWICH COMMON |
| 30 Jun 2021 | £406,065 | £380,000 | 4 ORDNANCE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 30 Jan 2020. Using an estimated price of £224,404 means this house is valued at £2,992 per sq meter (£277 per sq foot).
The average size of a house on WOOLWICH COMMON is 58 sq meters (631 sq feet).