£1,594,563
This estimated value is based upon the latest sale price for the house of £1,065,000 on 26 Nov 2014. 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 Algarve Road
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344 Garratt Lane, Wandsworth, London, SW18 4EL
Phone: 02036414088
| Price Paid | Date |
|---|---|
| £1,065,000 | 26 Nov 2014 |
| £442,500 | 19 Dec 2005 |
| £236,000 | 10 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £1,065,000 results in an estimated price of approximately £1,594,563.
| 26 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £1,065,000 | £529,563 | £1,594,563 |
The Postcode Pricing Model uses changes in average sales price within the SW18 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 | 29.628 % | £315,540 | £1,380,540 |
| 3 Month Average | 8.079 % | £86,037 | £1,151,037 |
| 6 Month Average | 6.045 % | £64,374 | £1,129,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £1,306,708 | £1,290,000 | 40 ALGARVE ROAD |
| 2 Jun 2023 | £576,989 | £570,000 | 42A ALGARVE ROAD |
| 20 Jun 2022 | £1,217,201 | £1,200,000 | 15 CARGILL ROAD |
| 22 Apr 2022 | £262,599 | £255,000 | 52 WILLOW TREE CLOSE |
| 8 Apr 2022 | £751,753 | £730,000 | 12 CARGILL ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 26 Sep 2012. Using an estimated price of £1,594,563 means this house is valued at £11,073 per sq meter (£1,028 per sq foot).
The average size of a house on ALGARVE ROAD is 112 sq meters (1,214 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Algarve Road | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Algarve Road |
| Jan 2024 | Anti-social behaviour | On or near Algarve Road | |
| Jan 2024 | Anti-social behaviour | On or near Algarve Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Algarve Road |