£665,213
This estimated value is based upon the latest sale price for the house of £620,000 on 28 Jun 2021. 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 |
|---|---|
| £620,000 | 28 Jun 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 115 sq meters or 1,237 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £620,000 results in an estimated price of approximately £665,213.
| 28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £620,000 | £45,213 | £665,213 |
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 | -25.207 % | £-156,281 | £463,718 |
| 3 Month Average | -21.071 % | £-130,642 | £489,357 |
| 6 Month Average | -11.016 % | £-68,299 | £551,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2022 | £521,404 | £520,000 | FLAT 7 MERANTI APARTMENTS, 167 GROVE STREET |
| 30 Jun 2022 | £547,741 | £540,000 | FLAT 4 MERANTI APARTMENTS, 167 GROVE STREET |
| 14 Jan 2022 | £999,788 | £950,000 | 3 HENRY STREET |
| 18 Aug 2021 | £669,369 | £600,000 | FLAT 58 KINGWOOD APARTMENTS, 31 WATERLINE WAY |
| 29 Jun 2021 | £643,755 | £600,000 | FLAT 51 KINGWOOD APARTMENTS, 31 WATERLINE WAY |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 17 Oct 2019. Using an estimated price of £665,213 means this house is valued at £5,784 per sq meter (£537 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 | Anti-social behaviour | On or near Grove Street | |
| Apr 2024 | Other theft | Under investigation | 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 | Anti-social behaviour | On or near Grove Street |