£516,471
This estimated value is based upon the latest sale price for the house of £450,000 on 7 Dec 2020. 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 |
|---|---|
| £450,000 | 7 Dec 2020 |
| £64,500 | 30 Jun 1995 |
| Terraced |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £450,000 results in an estimated price of approximately £516,471.
| 7 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £450,000 | £66,471 | £516,471 |
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 | 26.167 % | £117,751 | £567,751 |
| 3 Month Average | -15.464 % | £-69,586 | £380,413 |
| 6 Month Average | -10.024 % | £-45,108 | £404,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £535,041 | £530,000 | 264 VERDANT LANE |
| 19 Jul 2022 | £491,323 | £490,000 | 318 VERDANT LANE |
| 30 Jun 2022 | £481,809 | £475,000 | 276 VERDANT LANE |
| 11 Feb 2022 | £436,781 | £416,500 | 33 CRUTCHLEY ROAD |
| 27 Jan 2022 | £233,635 | £222,000 | 262 WATERS ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 7 Jul 2020. Using an estimated price of £516,471 means this house is valued at £5,613 per sq meter (£521 per sq foot).
The average size of a house on VERDANT LANE is 96 sq meters (1,036 sq feet).