£118,196
This estimated value is based upon the latest sale price for the house of £74,000 on 24 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Springbank Road, London, SE13 6SN
Phone: 02034782983
| Price Paid | Date |
|---|---|
| £74,000 | 24 Jan 2014 |
| 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £74,000 results in an estimated price of approximately £118,196.
| 24 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £74,000 | £44,196 | £118,196 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 15.525 % | £11,488 | £85,488 |
| 3 Month Average | 63.058 % | £46,662 | £120,662 |
| 6 Month Average | 55.498 % | £41,068 | £115,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £340,983 | £338,000 | FLAT 28 ROSSE GARDENS DESVIGNES DRIVE |
| 17 Jul 2023 | £440,935 | £435,000 | FLAT 83 ROSSE GARDENS DESVIGNES DRIVE |
| 6 Jul 2023 | £364,911 | £360,000 | FLAT 16 ROSSE GARDENS DESVIGNES DRIVE |
| 30 Mar 2023 | £363,424 | £360,000 | FLAT 59 ROSSE GARDENS DESVIGNES DRIVE |
| 12 Aug 2022 | £398,976 | £400,050 | FLAT 43 ROSSE GARDENS DESVIGNES DRIVE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 6 Jul 2013. Using an estimated price of £118,197 means this house is valued at £2,462 per sq meter (£228 per sq foot).
The average size of a house on OAKWOOD CLOSE is 69 sq meters (743 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Greenwich House | |
| Dec 2023 | Anti-social behaviour | On or near Greenwich House | |
| Dec 2023 | Anti-social behaviour | On or near Greenwich House | |
| Dec 2023 | Anti-social behaviour | On or near Greenwich House |