£181,071
This estimated value is based upon the latest sale price for the house of £107,000 on 2 Nov 2012. 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 |
---|---|
£107,000 | 2 Nov 2012 |
£220,000 | 17 May 2006 |
£164,995 | 29 Jun 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 490 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 November 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £107,000 results in an estimated price of approximately £181,071.
2 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 148.6 | 69.226 % | £107,000 | £74,071 | £181,071 |
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 | 154.790 % | £165,624 | £272,624 |
3 Month Average | 98.948 % | £105,874 | £212,874 |
6 Month Average | 87.623 % | £93,756 | £200,756 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £478,370 | £470,000 | 42 WARE POINT DRIVE |
29 Jun 2023 | £404,905 | £400,000 | 28 WARE POINT DRIVE |
3 Mar 2023 | £191,807 | £190,000 | FLAT 25 STRAND HOUSE MERBURY CLOSE |
14 Jun 2021 | £482,816 | £450,000 | 31 MERBURY CLOSE |
11 Nov 2020 | £316,504 | £273,000 | FLAT 5 TIDEHAM HOUSE MERBURY CLOSE |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 2 Mar 2009. Using an estimated price of £181,071 means this house is valued at £3,972 per sq meter (£369 per sq foot).
The average size of a house on MERBURY CLOSE is 65 sq meters (703 sq feet).