£311,910
This estimated value is based upon the latest sale price for the house of £185,995 on 7 Nov 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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140 Plumstead Common Road, Plumstead, SE18 2UL
Phone: 02036416626
Price Paid | Date |
---|---|
£185,995 | 7 Nov 2006 |
£105,000 | 8 Jun 2001 |
£68,000 | 31 Jul 1998 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 2006 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £185,995 results in an estimated price of approximately £311,910.
7 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 148.6 | 67.698 % | £185,995 | £125,915 | £311,910 |
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 | 78.908 % | £146,765 | £332,760 |
3 Month Average | 97.427 % | £181,208 | £367,203 |
6 Month Average | 92.923 % | £172,831 | £358,826 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £452,925 | £445,000 | 43 ALBATROSS STREET |
3 Mar 2023 | £407,338 | £403,500 | 131 ALABAMA STREET |
10 Dec 2021 | £391,053 | £365,000 | 111 ALABAMA STREET |
30 Sep 2021 | £457,977 | £425,000 | 25 RAYMERE GARDENS |
10 Sep 2021 | £417,028 | £387,000 | 14 NYANZA STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 30 Mar 2018. Using an estimated price of £311,910 means this house is valued at £4,725 per sq meter (£439 per sq foot).
The average size of a house on ALABAMA STREET is 72 sq meters (779 sq feet).