£351,506
This estimated value is based upon the latest sale price for the house of £113,000 on 8 Jan 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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105 Plumstead High Street, Plumstead, SE18 1SB
Phone: 02036412219
Price Paid | Date |
---|---|
£113,000 | 8 Jan 2002 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 January 2002 the House Price Index for GREATER LONDON was 47.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 211.068%.Applying this 211.068% change to the original purchase price of £113,000 results in an estimated price of approximately £351,506.
8 Jan 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 148.0 | 211.068 % | £113,000 | £238,506 | £351,506 |
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 | 220.604 % | £249,282 | £362,282 |
3 Month Average | 227.568 % | £257,151 | £370,151 |
6 Month Average | 248.712 % | £281,044 | £394,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £351,186 | £350,000 | 1 BALGOWAN STREET |
20 Dec 2023 | £438,292 | £430,000 | 31 BALGOWAN STREET |
5 Dec 2023 | £430,647 | £422,500 | 16 BROOKDENE ROAD |
29 Apr 2022 | £405,641 | £395,500 | 11 BALGOWAN STREET |
8 Apr 2022 | £402,051 | £392,000 | 17 BALGOWAN STREET |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 24 Oct 2017. Using an estimated price of £351,507 means this house is valued at £2,812 per sq meter (£261 per sq foot).
The average size of a house on BALGOWAN STREET is 94 sq meters (1,015 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).