£610,689
This estimated value is based upon the latest sale price for the house of £565,000 on 29 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 |
---|---|
£565,000 | 29 Jun 2021 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £565,000 results in an estimated price of approximately £610,689.
29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £565,000 | £45,689 | £610,689 |
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 | -58.448 % | £-330,232 | £234,767 |
3 Month Average | -19.156 % | £-108,231 | £456,768 |
6 Month Average | -11.722 % | £-66,226 | £498,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2022 | £525,263 | £520,000 | FLAT 7 MERANTI APARTMENTS, 167 GROVE STREET |
30 Jun 2022 | £551,795 | £540,000 | FLAT 4 MERANTI APARTMENTS, 167 GROVE STREET |
14 Jan 2022 | £1,007,188 | £950,000 | 3 HENRY STREET |
29 Jun 2021 | £648,520 | £600,000 | FLAT 51 KINGWOOD APARTMENTS, 31 WATERLINE WAY |
29 Jun 2021 | £610,690 | £565,000 | FLAT 11 MERANTI APARTMENTS, 167 GROVE STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 14 Oct 2019. Using an estimated price of £610,690 means this house is valued at £8,365 per sq meter (£777 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 | Anti-social behaviour | On or near Grove Street | |
Apr 2024 | Other theft | Under investigation | On or near Grove Street |
Apr 2024 | Anti-social behaviour | On or near Grove Street | |
Apr 2024 | Anti-social behaviour | On or near Grove Street |