£450,236
This estimated value is based upon the latest sale price for the house of £320,000 on 27 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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140 Plumstead Common Road, Plumstead, SE18 2UL
Phone: 02036416626
| Price Paid | Date |
|---|---|
| £320,000 | 27 Oct 2015 |
| £190,000 | 21 Jul 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £320,000 results in an estimated price of approximately £450,236.
| 27 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £320,000 | £130,236 | £450,236 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | -6.375 % | £-20,400 | £299,599 |
| 3 Month Average | 34.147 % | £109,270 | £429,270 |
| 6 Month Average | 28.099 % | £89,917 | £409,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £443,673 | £438,000 | 58 WARLAND ROAD |
| 18 Aug 2023 | £433,795 | £430,000 | 171 FLAXTON ROAD |
| 18 Feb 2022 | £505,995 | £482,500 | 2 DUNCROFT |
| 7 Feb 2022 | £367,043 | £350,000 | 4 WELTON ROAD |
| 14 Jan 2022 | £484,108 | £460,000 | 69 WELTON ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 10 Mar 2015. Using an estimated price of £450,236 means this house is valued at £5,002 per sq meter (£464 per sq foot).
The average size of a house on WELTON ROAD is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Welton Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Welton Road |
| Dec 2023 | Anti-social behaviour | On or near Duncroft | |
| Dec 2023 | Anti-social behaviour | On or near Duncroft | |
| Dec 2023 | Anti-social behaviour | On or near Duncroft |