£386,811
This estimated value is based upon the latest sale price for the house of £72,000 on 18 Dec 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Baring Close, London, SE12 0UN
Phone: 02081151546
| Price Paid | Date |
|---|---|
| £72,000 | 18 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 1996 the House Price Index for GREATER LONDON was 27.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 437.239%.Applying this 437.239% change to the original purchase price of £72,000 results in an estimated price of approximately £386,811.
| 18 Dec 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.0 | 437.239 % | £72,000 | £314,811 | £386,811 |
The Postcode Pricing Model uses changes in average sales price within the SE6 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 | 322.443 % | £232,159 | £304,159 |
| 3 Month Average | 415.356 % | £299,056 | £371,056 |
| 6 Month Average | 422.198 % | £303,982 | £375,982 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £532,880 | £530,000 | 264 VERDANT LANE |
| 19 Jul 2022 | £489,339 | £490,000 | 318 VERDANT LANE |
| 30 Jun 2022 | £479,863 | £475,000 | 276 VERDANT LANE |
| 11 Feb 2022 | £435,018 | £416,500 | 33 CRUTCHLEY ROAD |
| 27 Jan 2022 | £232,691 | £222,000 | 262 WATERS ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 28 Feb 2017. Using an estimated price of £386,812 means this house is valued at £5,089 per sq meter (£472 per sq foot).
The average size of a house on VERDANT LANE is 96 sq meters (1,036 sq feet).