£298,673
This estimated value is based upon the latest sale price for the house of £247,000 on 20 Jul 2020. 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 |
|---|---|
| £247,000 | 20 Jul 2020 |
| £165,000 | 20 Jul 2020 |
| £120,000 | 1 Jun 2020 |
| 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £247,000 results in an estimated price of approximately £298,673.
| 20 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £247,000 | £51,673 | £298,673 |
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 | -1.890 % | £-4,669 | £242,330 |
| 3 Month Average | 18.081 % | £44,660 | £291,660 |
| 6 Month Average | 9.139 % | £22,573 | £269,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £173,027 | £170,000 | FLAT 5 WOODFORD HOUSE BARNFIELD ROAD |
| 6 Nov 2023 | £239,546 | £236,000 | FLAT 18 MACALLISTER HOUSE WROTTESLEY ROAD |
| 29 Aug 2023 | £554,854 | £550,000 | 7 NITHDALE ROAD |
| 17 Aug 2023 | £264,817 | £262,500 | 33 NITHDALE ROAD |
| 28 Jul 2023 | £669,004 | £660,000 | 33 WROTTESLEY ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 29 Aug 2019. Using an estimated price of £298,673 means this house is valued at £6,222 per sq meter (£578 per sq foot).
The average size of a house on BARNFIELD ROAD is 65 sq meters (701 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 |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Genesta Road |
| Mar 2024 | Other theft | Under investigation | On or near Genesta Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Genesta Road |
| Mar 2024 | Anti-social behaviour | On or near Genesta Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Genesta Road |