£349,900
This estimated value is based upon the latest sale price for the house of £203,000 on 21 Dec 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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158 Plumstead Road, London, SE18 7DY
Phone: 02036413628
| Price Paid | Date |
|---|---|
| £203,000 | 21 Dec 2011 |
| £182,000 | 8 Aug 2003 |
| £99,950 | 30 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 856 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 December 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £203,000 results in an estimated price of approximately £349,900.
| 21 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £203,000 | £146,900 | £349,900 |
The Postcode Pricing Model uses changes in average sales price within the SE28 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 | 171.975 % | £349,110 | £552,110 |
| 3 Month Average | 118.547 % | £240,650 | £443,650 |
| 6 Month Average | 92.960 % | £188,709 | £391,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £385,000 | £385,000 | 20 WARE POINT DRIVE |
| 7 Dec 2023 | £478,370 | £470,000 | 42 WARE POINT DRIVE |
| 29 Jun 2023 | £404,905 | £400,000 | 28 WARE POINT DRIVE |
| 3 Mar 2023 | £191,807 | £190,000 | FLAT 25 STRAND HOUSE MERBURY CLOSE |
| 25 Feb 2022 | £293,634 | £280,000 | 69 WARE POINT DRIVE |
This house has a floor area of 79 sq meters or 856 sq feet when measured on 1 Jun 2011. Using an estimated price of £349,901 means this house is valued at £4,396 per sq meter (£408 per sq foot).
The average size of a house on WARE POINT DRIVE is 72 sq meters (778 sq feet).