£253,348
This estimated value is based upon the latest sale price for the house of £115,500 on 17 Dec 2003. 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 |
|---|---|
| £115,500 | 17 Dec 2003 |
| £64,500 | 28 Apr 2000 |
| £51,250 | 6 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 490 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 2003 the House Price Index for GREATER LONDON was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £115,500 results in an estimated price of approximately £253,348.
| 17 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 149.7 | 119.349 % | £115,500 | £137,848 | £253,348 |
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 | 206.217 % | £238,180 | £353,680 |
| 3 Month Average | 153.522 % | £177,318 | £292,818 |
| 6 Month Average | 140.771 % | £162,589 | £278,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £245,578 | £240,000 | FLAT 5 MONTROSE COURT CUMBERLAND PLACE |
| 24 Mar 2023 | £261,873 | £257,500 | FLAT 17 MONTROSE COURT CUMBERLAND PLACE |
| 1 Feb 2023 | £226,513 | £225,000 | FLAT 16 ROTHESAY COURT CUMBERLAND PLACE |
| 1 Jul 2022 | £219,196 | £217,000 | FLAT 8 KESWICK COURT CUMBERLAND PLACE |
| 29 Jun 2022 | £255,461 | £250,000 | FLAT 2 KINROSS COURT CUMBERLAND PLACE |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 9 Feb 2011. Using an estimated price of £253,348 means this house is valued at £5,560 per sq meter (£516 per sq foot).
The average size of a house on CUMBERLAND PLACE is 46 sq meters (500 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cumberland Place |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Cumberland Place |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Cumberland Place |
| Aug 2024 | Drugs | Unable to prosecute suspect | On or near Cumberland Place |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cumberland Place |