£593,054
This estimated value is based upon the latest sale price for the house of £578,000 on 17 Nov 2023. 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 |
|---|---|
| £578,000 | 17 Nov 2023 |
| £480,000 | 24 Mar 2016 |
| £160,000 | 31 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 November 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £578,000 results in an estimated price of approximately £593,054.
| 17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £578,000 | £15,054 | £593,054 |
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 | -6.770 % | £-39,131 | £538,868 |
| 3 Month Average | -2.603 % | £-15,044 | £562,955 |
| 6 Month Average | 0.988 % | £5,713 | £583,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £593,054 | £578,000 | 3 PRAGNELL ROAD |
| 13 Jan 2023 | £406,085 | £405,000 | 8 PEGLEY GARDENS |
| 18 Feb 2022 | £528,229 | £500,000 | 248 BURNT ASH HILL |
| 13 Dec 2021 | £512,671 | £475,000 | 245 BURNT ASH HILL |
| 25 Aug 2021 | £629,369 | £560,000 | 7 PRAGNELL ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Nov 2015. Using an estimated price of £593,054 means this house is valued at £9,565 per sq meter (£888 per sq foot).
The average size of a house on PRAGNELL ROAD is 112 sq meters (1,206 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).