£389,344
This estimated value is based upon the latest sale price for the house of £360,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Wellesley Road
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24 Plumstead Common Road, Corner Of Herbert Road, Woolwich, SE18 3TN
Phone: 02036413117
| Price Paid | Date |
|---|---|
| £360,000 | 19 Nov 2021 |
| £375,000 | 10 Nov 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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.
| 19 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 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 | 78.719 % | £283,387 | £643,387 |
| 3 Month Average | 0.999 % | £3,597 | £363,597 |
| 6 Month Average | 9.379 % | £33,765 | £393,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £766,707 | £760,000 | 40 PARADE GROUND PATH |
| 19 Apr 2023 | £409,408 | £405,000 | 32 NAPOLEON LANE |
| 19 Aug 2022 | £359,034 | £360,000 | APARTMENT 1 8 ASHMORE ROAD |
| 25 Mar 2022 | £182,382 | £176,000 | FLAT 5 PANKHURST HOUSE, 1 GARRISON CLOSE |
| 7 Jan 2022 | £213,639 | £203,000 | FLAT 1 WISE HOUSE, 1 RED LION LANE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 23 Sep 2016. Using an estimated price of £389,345 means this house is valued at £8,111 per sq meter (£753 per sq foot).
The average size of a house on WELLESLEY ROAD is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellesley Road |
| Jan 2024 | Burglary | Under investigation | On or near Wellesley Road |
| Mar 2024 | Drugs | Under investigation | On or near Matchless Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ashmore Road |
| Mar 2024 | Burglary | Under investigation | On or near Ashmore Road |