£623,030
This estimated value is based upon the latest sale price for the house of £500,000 on 17 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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511 Abbey Road, Abbey Wood, London, SE2 9HA
Phone: 02034782990
| Price Paid | Date |
|---|---|
| £500,000 | 17 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 179 sq meters or 1,926 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £500,000 results in an estimated price of approximately £623,030.
| 17 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £500,000 | £123,030 | £623,030 |
The Postcode Pricing Model uses changes in average sales price within the SE2 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 | 13.094 % | £65,469 | £565,469 |
| 3 Month Average | 17.478 % | £87,388 | £587,388 |
| 6 Month Average | 13.581 % | £67,905 | £567,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £763,378 | £744,000 | 38 NEW ROAD |
| 7 Aug 2023 | £432,806 | £425,000 | 423 ABBEY ROAD |
| 19 Jun 2023 | £438,793 | £430,000 | 463 ABBEY ROAD |
| 5 Apr 2023 | £399,472 | £392,000 | 438 ABBEY ROAD |
| 15 Mar 2023 | £422,048 | £415,000 | 5 MONKS CLOSE |
This house has a floor area of 179 sq meters or 1,926 sq feet when measured on 4 Mar 2019. Using an estimated price of £623,030 means this house is valued at £3,480 per sq meter (£323 per sq foot).
The average size of a house on NEW ROAD is 91 sq meters (983 sq feet).
This house is the largest in the street with a floor area of 179 sq meters (1,926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Monks Close | |
| Apr 2024 | Anti-social behaviour | On or near Monks Close | |
| Apr 2024 | Anti-social behaviour | On or near Monks Close | |
| Apr 2024 | Anti-social behaviour | On or near Monks Close | |
| Apr 2024 | Bicycle theft | Under investigation | On or near Manorside Close |