£575,251
This estimated value is based upon the latest sale price for the house of £370,000 on 29 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9k Albert Embankment, London, SE1 7SP
Phone: 02036415004
| Price Paid | Date |
|---|---|
| £370,000 | 29 Oct 2007 |
| £302,500 | 3 Aug 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 October 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £370,000 results in an estimated price of approximately £575,251.
| 29 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £370,000 | £205,251 | £575,251 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | 53.659 % | £198,539 | £568,539 |
| 3 Month Average | 53.196 % | £196,826 | £566,826 |
| 6 Month Average | 63.544 % | £235,111 | £605,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2022 | £396,796 | £400,000 | FLAT 152 9 ALBERT EMBANKMENT |
| 15 Jun 2020 | £805,325 | £665,000 | FLAT 100 9 ALBERT EMBANKMENT |
| 31 Mar 2020 | £554,041 | £460,000 | FLAT 25 9 ALBERT EMBANKMENT |
| 3 Feb 2020 | £519,983 | £425,000 | FLAT 33 1 SALAMANCA PLACE |
| 10 Jan 2020 | £1,256,306 | £1,030,000 | FLAT 90 9 ALBERT EMBANKMENT |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 6 Nov 2017. Using an estimated price of £575,251 means this house is valued at £11,279 per sq meter (£1,047 per sq foot).
The average size of a house on ALBERT EMBANKMENT is 94 sq meters (1,021 sq feet).