£420,547
This estimated value is based upon the latest sale price for the house of £340,000 on 8 Aug 2018. 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 |
---|---|
£340,000 | 8 Aug 2018 |
£150,000 | 9 Jan 2009 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £340,000 results in an estimated price of approximately £420,547.
8 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £340,000 | £80,547 | £420,547 |
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 | 96.633 % | £328,551 | £668,551 |
3 Month Average | 16.835 % | £57,238 | £397,238 |
6 Month Average | 14.118 % | £48,000 | £388,000 |
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 79 sq meters or 850 sq feet when measured on 22 Mar 2018. Using an estimated price of £420,547 means this house is valued at £5,323 per sq meter (£494 per sq foot).
The average size of a house on ALABAMA STREET is 72 sq meters (779 sq feet).