£629,603
This estimated value is based upon the latest sale price for the house of £426,000 on 6 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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140 Plumstead Common Road, Plumstead, SE18 2UL
Phone: 02036416626
Price Paid | Date |
---|---|
£426,000 | 6 Feb 2015 |
£210,000 | 25 Jul 2003 |
£89,995 | 27 Jul 1998 |
Terraced |
Freehold |
Floor Area: 120 sq meters or 1,291 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 £426,000 results in an estimated price of approximately £629,603.
6 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £426,000 | £203,603 | £629,603 |
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 % | £111,631 | £537,631 |
3 Month Average | 44.081 % | £187,784 | £613,784 |
6 Month Average | 49.459 % | £210,694 | £636,694 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £545,000 | £545,000 | 106 TUAM ROAD |
27 Jul 2023 | £603,117 | £595,000 | 6 MACOMA TERRACE |
14 Jul 2023 | £491,617 | £485,000 | 57 MACOMA ROAD |
30 Jun 2023 | £455,518 | £450,000 | 29 ERINDALE |
26 Apr 2023 | £212,286 | £210,000 | GROUND FLOOR FLAT 125 TUAM ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 19 Nov 2013. Using an estimated price of £629,603 means this house is valued at £5,246 per sq meter (£487 per sq foot).
The average size of a house on MACOMA ROAD is 118 sq meters (1,271 sq feet).