£393,064
This estimated value is based upon the latest sale price for the house of £291,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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158 Plumstead Road, London, SE18 7DY
Phone: 02036413628
| Price Paid | Date |
|---|---|
| £291,000 | 31 Mar 2016 |
| £104,500 | 18 Oct 2001 |
| £93,995 | 24 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £291,000 results in an estimated price of approximately £393,064.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £291,000 | £102,064 | £393,064 |
The Postcode Pricing Model uses changes in average sales price within the SE28 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 | 58.798 % | £171,103 | £462,103 |
| 3 Month Average | 31.742 % | £92,370 | £383,370 |
| 6 Month Average | 15.668 % | £45,593 | £336,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £478,370 | £470,000 | 42 WARE POINT DRIVE |
| 25 Sep 2023 | £228,927 | £226,000 | 50 PRINCESS ALICE WAY |
| 29 Jun 2023 | £445,395 | £440,000 | 76 PRINCESS ALICE WAY |
| 29 Oct 2021 | £354,073 | £320,000 | 33 WARE POINT DRIVE |
| 17 Aug 2021 | £234,279 | £210,000 | 48 PRINCESS ALICE WAY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 30 Jan 2016. Using an estimated price of £393,065 means this house is valued at £6,895 per sq meter (£640 per sq foot).
The average size of a house on RIDGE CLOSE is 91 sq meters (985 sq feet).