£1,120,217
This estimated value is based upon the latest sale price for the house of £980,000 on 21 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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104, Grove Vale, London, SE22 8DR
Phone: 02036413180
| Price Paid | Date |
|---|---|
| £980,000 | 21 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £980,000 results in an estimated price of approximately £1,120,217.
| 21 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £980,000 | £140,217 | £1,120,217 |
The Postcode Pricing Model uses changes in average sales price within the SE22 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 | 4.767 % | £46,718 | £1,026,718 |
| 3 Month Average | 4.596 % | £45,044 | £1,025,044 |
| 6 Month Average | 2.471 % | £24,211 | £1,004,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £356,749 | £350,000 | 10B MELBOURNE GROVE |
| 23 Aug 2023 | £518,151 | £515,000 | 12C MELBOURNE GROVE |
| 10 Feb 2023 | £477,740 | £480,000 | FLAT 2 13 AND 15 MELBOURNE GROVE |
| 29 Jul 2022 | £1,393,117 | £1,395,000 | 12 DERWENT GROVE |
| 22 Jul 2022 | £449,393 | £450,000 | 3A MELBOURNE TERRACE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 26 Feb 2020. Using an estimated price of £1,120,218 means this house is valued at £10,277 per sq meter (£954 per sq foot).
The average size of a house on MELBOURNE GROVE is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Jarvis Road |
| Apr 2024 | Public order | Under investigation | On or near Jarvis Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Jarvis Road |
| Mar 2024 | Bicycle theft | Under investigation | On or near Jarvis Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Jarvis Road |