£329,893
This estimated value is based upon the latest sale price for the house of £190,000 on 25 Nov 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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62 Plumstead High Street, SE18 1SL
Phone: 02077680984
| Price Paid | Date |
|---|---|
| £190,000 | 25 Nov 2011 |
| £170,000 | 10 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 941 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 November 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £190,000 results in an estimated price of approximately £329,893.
| 25 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £190,000 | £139,893 | £329,893 |
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 | 128.307 % | £243,783 | £433,783 |
| 3 Month Average | 136.432 % | £259,221 | £449,221 |
| 6 Month Average | 110.410 % | £209,778 | £399,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £203,121 | £200,000 | 64 CHESTNUT RISE |
| 27 Mar 2023 | £542,052 | £533,000 | 8 CHESTNUT RISE |
| 21 Mar 2023 | £544,086 | £535,000 | 26A CHESTNUT RISE |
| 3 Oct 2022 | £229,234 | £230,000 | 24B CHESTNUT RISE |
| 30 Jun 2021 | £464,773 | £430,000 | 22 OLD MILL ROAD |
This house has a floor area of 87 sq meters or 941 sq feet when measured on 19 Sep 2011. Using an estimated price of £329,894 means this house is valued at £3,771 per sq meter (£350 per sq foot).
The average size of a house on CHESTNUT RISE is 97 sq meters (1,054 sq feet).