£519,923
This estimated value is based upon the latest sale price for the house of £300,000 on 27 Jun 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Blackheath Village, Blackheath,, SE3 9LA
Phone: 02080334599
| Price Paid | Date |
|---|---|
| £300,000 | 27 Jun 2011 |
| £122,000 | 25 May 1999 |
| £65,000 | 22 Apr 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 89 sq meters or 961 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 June 2011 the House Price Index for GREATER LONDON was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £300,000 results in an estimated price of approximately £519,923.
| 27 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £300,000 | £219,923 | £519,923 |
The Postcode Pricing Model uses changes in average sales price within the SE3 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 | 24.527 % | £73,581 | £373,581 |
| 3 Month Average | 71.917 % | £215,750 | £515,750 |
| 6 Month Average | 73.485 % | £220,454 | £520,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £2,030,055 | £2,000,000 | 37 WEMYSS ROAD |
| 28 Sep 2023 | £420,375 | £415,000 | FLAT 2 WYATT HOUSE WEMYSS ROAD |
| 31 Aug 2023 | £418,663 | £415,000 | 20A BLACKHEATH GROVE |
| 18 Aug 2023 | £428,751 | £425,000 | FLAT C 9 BENNETT PARK |
| 26 Jun 2023 | £435,273 | £430,000 | FLAT 17 WYATT HOUSE WEMYSS ROAD |
This house has a floor area of 89 sq meters or 961 sq feet when measured on 5 Nov 2008. Using an estimated price of £519,923 means this house is valued at £5,819 per sq meter (£540 per sq foot).
The average size of a house on BLACKHEATH GROVE is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Blackheath Grove |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Blackheath Grove |
| Jan 2024 | Anti-social behaviour | On or near Wemyss Road | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Wemyss Road |
| Jan 2024 | Anti-social behaviour | On or near Wemyss Road |