£425,389
This estimated value is based upon the latest sale price for the house of £245,000 on 7 Nov 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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321 Baring Road, Grove Park, SE12 0DZ
Phone: 02036415617
| Price Paid | Date |
|---|---|
| £245,000 | 7 Nov 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,062 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 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £245,000 results in an estimated price of approximately £425,389.
| 7 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £245,000 | £180,389 | £425,389 |
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 | 114.061 % | £279,448 | £524,448 |
| 3 Month Average | 90.367 % | £221,400 | £466,400 |
| 6 Month Average | 86.171 % | £211,119 | £456,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £228,511 | £225,000 | 119 SANDSTONE ROAD |
| 1 Nov 2023 | £516,614 | £503,500 | 7 NAPIER COURT |
| 22 Aug 2023 | £549,918 | £540,000 | 50 SOMERTREES AVENUE |
| 30 Jun 2023 | £500,020 | £490,000 | 94 SOMERTREES AVENUE |
| 13 Mar 2023 | £630,530 | £620,000 | 4 SOMERTREES AVENUE |
This house has a floor area of 98 sq meters or 1,062 sq feet when measured on 3 Jun 2011. Using an estimated price of £425,389 means this house is valued at £4,309 per sq meter (£400 per sq foot).
The average size of a house on SOMERTREES AVENUE is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Sandstone Road | |
| Apr 2024 | Bicycle theft | Under investigation | On or near Sandstone Road |
| Apr 2024 | Anti-social behaviour | On or near Sandstone Road | |
| Apr 2024 | Anti-social behaviour | On or near Sandstone Road | |
| Apr 2024 | Anti-social behaviour | On or near Sandstone Road |