£873,356
This estimated value is based upon the latest sale price for the house of £702,500 on 3 Apr 2018. 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 |
|---|---|
| £702,500 | 3 Apr 2018 |
| £315,000 | 19 Apr 2012 |
| £325,000 | 1 Oct 2007 |
| £170,000 | 4 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £702,500 results in an estimated price of approximately £873,356.
| 3 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.0 | 24.321 % | £702,500 | £170,856 | £873,356 |
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 | -17.660 % | £-124,062 | £578,437 |
| 3 Month Average | 7.891 % | £55,433 | £757,933 |
| 6 Month Average | 11.950 % | £83,948 | £786,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £891,873 | £875,000 | 31 SOMERTREES AVENUE |
| 1 Nov 2023 | £510,048 | £503,500 | 7 NAPIER COURT |
| 27 Jan 2023 | £292,431 | £295,000 | FLAT 4 BEECHER COURT BALDER RISE |
| 18 Mar 2022 | £392,190 | £380,000 | 20 NAPIER COURT |
| 4 Feb 2022 | £537,897 | £515,000 | 2 NAPIER COURT |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 21 Nov 2017. Using an estimated price of £873,356 means this house is valued at £6,194 per sq meter (£575 per sq foot).
The average size of a house on SOMERTREES AVENUE is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Le May Avenue |
| Mar 2024 | Anti-social behaviour | On or near Le May Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Le May Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Le May Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Le May Avenue |