£493,522
This estimated value is based upon the latest sale price for the house of £400,500 on 20 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 18, 08 Aragon Tower, George Beard Road, London, SE8 3AL
Phone: 02036413928
| Price Paid | Date |
|---|---|
| £400,500 | 20 Nov 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £400,500 results in an estimated price of approximately £493,522.
| 20 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £400,500 | £93,022 | £493,522 |
The Postcode Pricing Model uses changes in average sales price within the SE8 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 | -22.661 % | £-90,758 | £309,741 |
| 3 Month Average | -15.724 % | £-62,974 | £337,525 |
| 6 Month Average | -1.662 % | £-6,655 | £393,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £441,537 | £435,000 | FLAT 22 AURORA POINT, 1 WINCHESTER SQUARE |
| 13 Nov 2023 | £411,086 | £405,000 | FLAT 3 AURORA POINT, 1 WINCHESTER SQUARE |
| 30 Jun 2023 | £485,886 | £480,000 | FLAT 5 AURORA POINT, 289 GROVE STREET |
| 2 Jun 2023 | £440,334 | £435,000 | FLAT 2 AURORA POINT, 277 GROVE STREET |
| 17 Feb 2023 | £469,684 | £470,000 | FLAT 17 AURORA POINT, 1 WINCHESTER SQUARE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 21 Jun 2018. Using an estimated price of £493,522 means this house is valued at £9,490 per sq meter (£881 per sq foot).
The average size of a house on GROVE STREET is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Dunnage Crescent |
| Mar 2024 | Anti-social behaviour | On or near Dunnage Crescent | |
| Mar 2024 | Theft from the person | Under investigation | On or near Dunnage Crescent |
| Jan 2024 | Anti-social behaviour | On or near Dunnage Crescent | |
| Jan 2024 | Theft from the person | Under investigation | On or near Dunnage Crescent |