£299,025
This estimated value is based upon the latest sale price for the house of £230,000 on 16 Feb 2017. 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 |
|---|---|
| £230,000 | 16 Feb 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £230,000 results in an estimated price of approximately £299,025.
| 16 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £230,000 | £69,025 | £299,025 |
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 | 50.089 % | £115,203 | £345,203 |
| 3 Month Average | 14.630 % | £33,648 | £263,648 |
| 6 Month Average | 24.107 % | £55,446 | £285,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £432,024 | £426,500 | 35 CONGRESS ROAD |
| 11 Aug 2023 | £585,623 | £580,500 | 48 CONGRESS ROAD |
| 19 Jan 2023 | £427,984 | £430,000 | 222 MCLEOD ROAD |
| 13 Oct 2022 | £267,124 | £270,000 | 4 KNEE HILL CRESCENT |
| 26 Aug 2022 | £249,329 | £250,000 | 106 KNEE HILL CRESCENT |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 15 Sep 2016. Using an estimated price of £299,025 means this house is valued at £4,746 per sq meter (£440 per sq foot).
The average size of a house on KNEE HILL CRESCENT is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Knee Hill Crescent |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Knee Hill Crescent |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Knee Hill Crescent |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Knee Hill Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Conference Road |