£277,154
This estimated value is based upon the latest sale price for the house of £90,000 on 22 Feb 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Plumstead Common Road, Corner Of Herbert Road, Woolwich, SE18 3TN
Phone: 02036413117
| Price Paid | Date |
|---|---|
| £90,000 | 22 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 2002 the House Price Index for GREATER LONDON was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £90,000 results in an estimated price of approximately £277,154.
| 22 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £90,000 | £187,154 | £277,154 |
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 | 219.359 % | £197,422 | £287,422 |
| 3 Month Average | 228.603 % | £205,742 | £295,742 |
| 6 Month Average | 242.401 % | £218,160 | £308,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £339,108 | £335,000 | 164A HERBERT ROAD |
| 9 Jun 2023 | £177,146 | £175,000 | 172A HERBERT ROAD |
| 25 Jan 2023 | £283,664 | £285,000 | FLAT C 100 HERBERT ROAD |
| 29 Sep 2022 | £371,996 | £375,000 | 60 HERBERT ROAD |
| 12 Aug 2022 | £279,248 | £280,000 | 201 EGLINTON ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 8 Feb 2018. Using an estimated price of £277,155 means this house is valued at £5,229 per sq meter (£485 per sq foot).
There is one other house on the street which we know the size of, this is 1 WESTDALE ROAD it is 80.0