£503,820
This estimated value is based upon the latest sale price for the house of £420,000 on 11 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Grove Street
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Suite 18, 08 Aragon Tower, George Beard Road, London, SE8 3AL
Phone: 02036413928
| Price Paid | Date |
|---|---|
| £420,000 | 11 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £420,000 results in an estimated price of approximately £503,820.
| 11 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £420,000 | £83,820 | £503,820 |
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 | 28.908 % | £121,412 | £541,412 |
| 3 Month Average | 18.004 % | £75,617 | £495,617 |
| 6 Month Average | 4.263 % | £17,904 | £437,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2022 | £519,298 | £520,000 | FLAT 7 MERANTI APARTMENTS, 167 GROVE STREET |
| 30 Jun 2022 | £545,529 | £540,000 | FLAT 4 MERANTI APARTMENTS, 167 GROVE STREET |
| 14 Jan 2022 | £995,751 | £950,000 | 3 HENRY STREET |
| 18 Aug 2021 | £666,667 | £600,000 | FLAT 58 KINGWOOD APARTMENTS, 31 WATERLINE WAY |
| 29 Jun 2021 | £603,755 | £565,000 | FLAT 11 MERANTI APARTMENTS, 167 GROVE STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 14 Oct 2019. Using an estimated price of £503,821 means this house is valued at £9,506 per sq meter (£883 per sq foot).
The average size of a house on TIMBERYARD STREET is 85 sq meters (924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Grove Street |
| Apr 2024 | Anti-social behaviour | On or near Grove Street | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Grove Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grove Street |
| Jan 2024 | Burglary | Under investigation | On or near Grove Street |