£629,938
This estimated value is based upon the latest sale price for the house of £515,000 on 6 May 2020. 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 |
|---|---|
| £515,000 | 6 May 2020 |
| £460,590 | 10 Oct 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 May 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £515,000 results in an estimated price of approximately £629,938.
| 6 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £515,000 | £114,938 | £629,938 |
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 | -71.380 % | £-367,604 | £147,395 |
| 3 Month Average | 35.726 % | £183,989 | £698,989 |
| 6 Month Average | 21.739 % | £111,955 | £626,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £277,427 | £275,000 | 11 KEMPTHORNE ROAD |
| 2 Jun 2023 | £440,334 | £435,000 | FLAT 2 AURORA POINT, 277 GROVE STREET |
| 17 Feb 2023 | £469,684 | £470,000 | FLAT 17 AURORA POINT, 1 WINCHESTER SQUARE |
| 7 Oct 2022 | £420,473 | £425,000 | FLAT 14 AURORA POINT, 1 WINCHESTER SQUARE |
| 19 May 2021 | £423,764 | £375,000 | FLAT 2 AURORA POINT, 2 WINCHESTER SQUARE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Jun 2018.
The average size of a house on GROVE STREET is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Kempthorne Road |