£307,347
This estimated value is based upon the latest sale price for the house of £180,452 on 19 Sep 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Springbank Road, London, SE13 6SN
Phone: 02034782983
| Price Paid | Date |
|---|---|
| £180,452 | 19 Sep 2006 |
| £144,000 | 28 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2006 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £180,452 results in an estimated price of approximately £307,347.
| 19 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £180,452 | £126,895 | £307,347 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 69.758 % | £125,879 | £306,331 |
| 3 Month Average | 125.247 % | £226,010 | £406,462 |
| 6 Month Average | 108.660 % | £196,078 | £376,530 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £426,338 | £420,600 | FLAT 13 KINGSWOOD COURT HITHER GREEN LANE |
| 6 Apr 2023 | £328,537 | £325,000 | FLAT 3 KINGSWOOD COURT HITHER GREEN LANE |
| 6 Jan 2023 | £373,242 | £375,000 | FLAT 3 15 HIGHFIELD CLOSE |
| 25 Oct 2022 | £415,526 | £420,000 | FLAT 1 15 HIGHFIELD CLOSE |
| 8 Jul 2022 | £373,505 | £372,500 | FLAT 5 15 HIGHFIELD CLOSE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 24 Jun 2020. Using an estimated price of £307,348 means this house is valued at £6,272 per sq meter (£582 per sq foot).
The average size of a house on HIGHFIELD CLOSE is 65 sq meters (700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Highfield Close | |
| Jan 2024 | Anti-social behaviour | On or near Highfield Close | |
| Jan 2024 | Anti-social behaviour | On or near Highfield Close |