£316,550
This estimated value is based upon the latest sale price for the house of £232,000 on 7 Apr 2016. 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 |
|---|---|
| £232,000 | 7 Apr 2016 |
| £130,000 | 11 Jan 2013 |
| £34,000 | 14 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 520 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 April 2016 the House Price Index for GREATER LONDON was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £232,000 results in an estimated price of approximately £316,550.
| 7 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £232,000 | £84,550 | £316,550 |
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 | 10.927 % | £25,351 | £257,351 |
| 3 Month Average | 30.243 % | £70,162 | £302,162 |
| 6 Month Average | 30.736 % | £71,308 | £303,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £902,739 | £875,000 | 31 SOMERTREES AVENUE |
| 1 Nov 2023 | £516,614 | £503,500 | 7 NAPIER COURT |
| 13 Oct 2023 | £604,991 | £591,250 | 3 BALDER RISE |
| 15 Sep 2023 | £623,750 | £610,000 | 37 LE MAY AVENUE |
| 27 Jan 2023 | £295,790 | £295,000 | FLAT 4 BEECHER COURT BALDER RISE |
This house has a floor area of 48 sq meters or 520 sq feet when measured on 2 Aug 2011. Using an estimated price of £316,550 means this house is valued at £6,552 per sq meter (£608 per sq foot).
The average size of a house on SOMERTREES AVENUE is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Napier Court |
| Oct 2024 | Anti-social behaviour | On or near Napier Court | |
| Aug 2024 | Anti-social behaviour | On or near Napier Court | |
| Aug 2024 | Anti-social behaviour | On or near Napier Court | |
| Aug 2024 | Anti-social behaviour | On or near Napier Court |