£609,854
This estimated value is based upon the latest sale price for the house of £145,000 on 15 Sep 1999. 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 |
|---|---|
| £145,000 | 15 Sep 1999 |
| £130,000 | 13 Apr 1999 |
| £108,000 | 13 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 1999 the House Price Index for GREATER LONDON was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £145,000 results in an estimated price of approximately £609,854.
| 15 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.6 | 320.589 % | £145,000 | £464,854 | £609,854 |
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 | 292.563 % | £424,216 | £569,216 |
| 3 Month Average | 398.298 % | £577,531 | £722,531 |
| 6 Month Average | 363.608 % | £527,231 | £672,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £835,685 | £825,000 | 2 BEACON ROAD |
| 30 Jun 2023 | £744,012 | £735,000 | 10 BEACON ROAD |
| 14 Jun 2023 | £364,414 | £360,000 | FLAT 31 MOUNTSFIELD COURT HITHER GREEN LANE |
| 9 Sep 2022 | £381,916 | £385,000 | FLAT 12A MOUNTSFIELD COURT HITHER GREEN LANE |
| 20 May 2022 | £414,816 | £407,000 | 125 HITHER GREEN LANE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 24 Feb 2020. Using an estimated price of £609,854 means this house is valued at £4,205 per sq meter (£390 per sq foot).
The average size of a house on HITHER GREEN LANE is 67 sq meters (726 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Robbery | Under investigation | On or near Supermarket |
| Jan 2024 | Other theft | Under investigation | On or near Supermarket |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Springrice Road |