£487,242
This estimated value is based upon the latest sale price for the house of £131,000 on 12 Jul 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
62 Springbank Road, London, SE13 6SN
Phone: 02034782983
| Price Paid | Date |
|---|---|
| £131,000 | 12 Jul 2000 |
| £83,950 | 30 Apr 1998 |
| Terraced |
| Freehold |
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 July 2000 the House Price Index for GREATER LONDON was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £131,000 results in an estimated price of approximately £487,242.
| 12 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 148.6 | 271.941 % | £131,000 | £356,242 | £487,242 |
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 | 207.824 % | £272,248 | £403,248 |
| 3 Month Average | 320.758 % | £420,192 | £551,192 |
| 6 Month Average | 299.735 % | £392,652 | £523,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £383,614 | £380,000 | FLAT 2 5 HIGHFIELD CLOSE |
| 31 Oct 2022 | £326,485 | £330,000 | FLAT 84 CHERRYWOOD LODGE BIRDWOOD AVENUE |
| 18 Mar 2022 | £357,510 | £345,000 | FLAT 7 4 HIGHFIELD CLOSE |
| 30 Sep 2021 | £363,687 | £337,500 | FLAT 4 2 HIGHFIELD CLOSE |
| 6 Sep 2021 | £382,545 | £355,000 | FLAT 75 CHERRYWOOD LODGE BIRDWOOD AVENUE |
| 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 |