£690,763
This estimated value is based upon the latest sale price for the house of £520,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near First Avenue
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511 Abbey Road, Abbey Wood, London, SE2 9HA
Phone: 02034782990
| Price Paid | Date |
|---|---|
| £520,000 | 30 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 September 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £520,000 results in an estimated price of approximately £690,763.
| 30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £520,000 | £170,763 | £690,763 |
The Postcode Pricing Model uses changes in average sales price within the DA7 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 | -6.396 % | £-33,258 | £486,741 |
| 3 Month Average | 9.281 % | £48,258 | £568,258 |
| 6 Month Average | 22.090 % | £114,866 | £634,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £459,016 | £455,000 | 1 LANSDOWNE AVENUE |
| 11 Jul 2022 | £601,619 | £600,000 | 13 MADISON GARDENS |
| 17 Jun 2022 | £593,386 | £585,000 | 61 FIRST AVENUE |
| 28 Mar 2022 | £511,914 | £494,000 | 22 MADISON GARDENS |
| 26 Nov 2021 | £581,854 | £538,000 | 29 LANSDOWNE AVENUE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 20 May 2016. Using an estimated price of £690,763 means this house is valued at £5,005 per sq meter (£465 per sq foot).
The average size of a house on LANSDOWNE AVENUE is 121 sq meters (1,307 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near First Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Madison Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lansdowne Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lansdowne Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hadlow Road |