£389,344
This estimated value is based upon the latest sale price for the house of £360,000 on 15 Nov 2021. 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 |
|---|---|
| £360,000 | 15 Nov 2021 |
| £271,000 | 21 Oct 2015 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £360,000 results in an estimated price of approximately £389,344.
| 15 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £360,000 | £29,344 | £389,344 |
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 | 64.151 % | £230,943 | £590,943 |
| 3 Month Average | 13.153 % | £47,349 | £407,349 |
| 6 Month Average | 20.994 % | £75,577 | £435,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £348,045 | £345,000 | 23 RUSHDENE |
| 27 Jul 2023 | £268,615 | £265,000 | 86 LENSBURY WAY |
| 7 Jun 2023 | £541,560 | £535,000 | 51A RUSHDENE |
| 12 Aug 2022 | £383,966 | £385,000 | 35 RUSHDENE |
| 8 Apr 2022 | £350,492 | £340,350 | 17 RUSHDENE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 Jul 2013. Using an estimated price of £389,345 means this house is valued at £4,866 per sq meter (£452 per sq foot).
The average size of a house on OVERTON ROAD is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Overton Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Overton Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Overton Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Overton Road |