£448,997
This estimated value is based upon the latest sale price for the house of £440,000 on 9 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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321 Baring Road, Grove Park, SE12 0DZ
Phone: 02036415617
| Price Paid | Date |
|---|---|
| £440,000 | 9 Jun 2023 |
| £430,000 | 31 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £440,000 results in an estimated price of approximately £448,997.
| 9 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £440,000 | £8,997 | £448,997 |
The Postcode Pricing Model uses changes in average sales price within the SE12 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 | 36.048 % | £158,609 | £598,609 |
| 3 Month Average | -1.961 % | £-8,627 | £431,372 |
| 6 Month Average | 12.268 % | £53,979 | £493,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £1,825,000 | £1,825,000 | MARVELS LANE CLINIC, 37 MARVELS LANE |
| 12 Dec 2023 | £902,739 | £875,000 | 31 SOMERTREES AVENUE |
| 13 Oct 2023 | £604,991 | £591,250 | 3 BALDER RISE |
| 30 Jun 2023 | £500,020 | £490,000 | 94 SOMERTREES AVENUE |
| 9 Jun 2023 | £448,998 | £440,000 | 10 MARVELS LANE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 2 Jul 2014. Using an estimated price of £448,998 means this house is valued at £4,677 per sq meter (£434 per sq foot).
The average size of a house on MARVELS LANE is 75 sq meters (811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Marvels Close |
| Oct 2024 | Public order | Under investigation | On or near Marvels Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Somertrees Avenue |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Somertrees Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thomas Dinwiddy Road |