£270,565
This estimated value is based upon the latest sale price for the house of £175,000 on 2 May 2014. 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 |
|---|---|
| £175,000 | 2 May 2014 |
| £132,000 | 15 Dec 2006 |
| £50,000 | 28 May 1999 |
| £19,600 | 23 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 689 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 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £175,000 results in an estimated price of approximately £270,565.
| 2 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £175,000 | £95,565 | £270,565 |
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 | 118.817 % | £207,930 | £382,930 |
| 3 Month Average | 68.334 % | £119,583 | £294,583 |
| 6 Month Average | 84.389 % | £147,680 | £322,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £416,284 | £409,000 | 28 WEST HEATH ROAD |
| 14 Nov 2023 | £330,899 | £326,000 | FLAT 3 LISTER HOUSE HURST LANE |
| 2 Nov 2023 | £274,057 | £270,000 | FLAT 3 ARRAS HOUSE WOOLWICH ROAD |
| 29 Sep 2023 | £8,104 | £8,000 | 46 WEST HEATH ROAD |
| 25 Sep 2023 | £683,742 | £675,000 | 8 WEST HEATH ROAD |
This house has a floor area of 64 sq meters or 689 sq feet when measured on 9 Nov 2011. Using an estimated price of £270,565 means this house is valued at £4,220 per sq meter (£392 per sq foot).
The average size of a house on WOOLWICH ROAD is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near A206 |
| Dec 2023 | Anti-social behaviour | On or near Hurst Lane | |
| Dec 2023 | Anti-social behaviour | On or near Hurst Lane | |
| Dec 2023 | Anti-social behaviour | On or near Hurst Lane | |
| Dec 2023 | Anti-social behaviour | On or near Hurst Lane |