£332,536
This estimated value is based upon the latest sale price for the house of £225,000 on 6 Feb 2015. 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 |
|---|---|
| £225,000 | 6 Feb 2015 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £225,000 results in an estimated price of approximately £332,536.
| 6 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £225,000 | £107,536 | £332,536 |
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 | 26.205 % | £58,960 | £283,960 |
| 3 Month Average | 44.081 % | £99,181 | £324,181 |
| 6 Month Average | 49.459 % | £111,282 | £336,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £460,893 | £455,000 | 11 FREDERICK PLACE |
| 21 Jul 2023 | £373,020 | £368,000 | 50A FREDERICK PLACE |
| 24 Apr 2023 | £535,769 | £530,000 | 49 SANDY HILL ROAD |
| 14 Apr 2023 | £389,190 | £385,000 | 72 BLOOMFIELD ROAD |
| 31 May 2022 | £468,834 | £460,000 | 61 SANDY HILL ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 26 Jan 2015. Using an estimated price of £332,537 means this house is valued at £3,694 per sq meter (£343 per sq foot).
The average size of a house on FREDERICK PLACE is 92 sq meters (998 sq feet).