£515,535
This estimated value is based upon the latest sale price for the house of £340,000 on 12 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
3 Baring Close, London, SE12 0UN
Phone: 02081151546
| Price Paid | Date |
|---|---|
| £340,000 | 12 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £340,000 results in an estimated price of approximately £515,535.
| 12 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £340,000 | £175,535 | £515,535 |
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 | 41.053 % | £139,580 | £479,580 |
| 3 Month Average | 58.138 % | £197,669 | £537,669 |
| 6 Month Average | 60.894 % | £207,039 | £547,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £228,511 | £225,000 | 119 SANDSTONE ROAD |
| 22 Aug 2023 | £549,918 | £540,000 | 50 SOMERTREES AVENUE |
| 30 Jun 2023 | £500,020 | £490,000 | 94 SOMERTREES AVENUE |
| 9 Jun 2023 | £448,998 | £440,000 | 10 MARVELS LANE |
| 13 Mar 2023 | £630,530 | £620,000 | 4 SOMERTREES AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 6 May 2014. Using an estimated price of £515,535 means this house is valued at £6,065 per sq meter (£563 per sq foot).
The average size of a house on SOMERTREES AVENUE is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Sandstone Road |
| Oct 2024 | Anti-social behaviour | On or near Sandstone Road | |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandstone Road |
| Oct 2024 | Anti-social behaviour | On or near Sandstone Road | |
| Oct 2024 | Other theft | Under investigation | On or near Sandstone Road |