£513,411
This estimated value is based upon the latest sale price for the house of £475,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Baring Close, London, SE12 0UN
Phone: 02081151546
Price Paid | Date |
---|---|
£475,000 | 30 Jun 2021 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 £475,000 results in an estimated price of approximately £513,411.
30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £475,000 | £38,411 | £513,411 |
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 | 20.853 % | £99,050 | £574,050 |
3 Month Average | 16.062 % | £76,294 | £551,294 |
6 Month Average | 15.555 % | £73,884 | £548,884 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £511,271 | £500,000 | 120 BRAMDEAN CRESCENT |
16 Jun 2023 | £489,816 | £480,000 | 132 BRAMDEAN CRESCENT |
6 Jan 2023 | £847,264 | £845,000 | 177 BARING ROAD |
9 Nov 2022 | £572,324 | £575,000 | 107 BRAMDEAN CRESCENT |
31 May 2022 | £508,241 | £495,000 | 116 BRAMDEAN CRESCENT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Aug 2014. Using an estimated price of £513,412 means this house is valued at £5,520 per sq meter (£512 per sq foot).
The average size of a house on BARING ROAD is 87 sq meters (937 sq feet).