£391,940
This estimated value is based upon the latest sale price for the house of £187,500 on 25 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Mercia Grove
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17 Lewis Grove, Lewisham, SE13 6BG
Phone: 02081661782
Price Paid | Date |
---|---|
£187,500 | 25 Mar 2004 |
Terraced |
Freehold |
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 March 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £187,500 results in an estimated price of approximately £391,940.
25 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 148.6 | 109.035 % | £187,500 | £204,440 | £391,940 |
The Postcode Pricing Model uses changes in average sales price within the SE13 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 | 103.582 % | £194,216 | £381,716 |
3 Month Average | 164.143 % | £307,767 | £495,267 |
6 Month Average | 147.264 % | £276,120 | £463,620 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £274,057 | £270,000 | FLAT 5 PIANO STUDIOS, 2 BELMONT HILL |
23 Jun 2023 | £744,012 | £735,000 | 12 MERCIA GROVE |
6 Oct 2022 | £375,952 | £380,000 | FLAT B 21 LEE HIGH ROAD |
6 Oct 2022 | £148,402 | £150,000 | FLAT C 21 LEE HIGH ROAD |
11 Aug 2022 | £369,007 | £370,000 | 5 BELMONT HILL |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Mercia Grove |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mercia Grove |
Jan 2024 | Drugs | Awaiting court outcome | On or near Mercia Grove |