£304,520
This estimated value is based upon the latest sale price for the house of £89,995 on 17 May 2001. 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
More crime details
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24 Plumstead Common Road, Corner Of Herbert Road, Woolwich, SE18 3TN
Phone: 02036413117
| Price Paid | Date |
|---|---|
| £89,995 | 17 May 2001 |
| £45,000 | 29 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 May 2001 the House Price Index for GREATER LONDON was 43.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 238.375%.Applying this 238.375% change to the original purchase price of £89,995 results in an estimated price of approximately £304,520.
| 17 May 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 146.7 | 238.375 % | £89,995 | £214,525 | £304,520 |
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 | 191.996 % | £172,786 | £262,781 |
| 3 Month Average | 270.100 % | £243,076 | £333,071 |
| 6 Month Average | 256.086 % | £230,464 | £320,459 |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Jan 2018.
The average size of a house on RED LION LANE is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Wellesley Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Wellesley Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Garrison Close |
| Dec 2023 | Anti-social behaviour | On or near Whitworth Road | |
| Dec 2023 | Anti-social behaviour | On or near Whitworth Road |