£678,270
This estimated value is based upon the latest sale price for the house of £395,000 on 28 Feb 2011. 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 |
|---|---|
| £395,000 | 28 Feb 2011 |
| £219,000 | 20 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 February 2011 the House Price Index for GREATER LONDON was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £395,000 results in an estimated price of approximately £678,270.
| 28 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £395,000 | £283,270 | £678,270 |
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 | -5.744 % | £-22,688 | £372,311 |
| 3 Month Average | 26.356 % | £104,107 | £499,107 |
| 6 Month Average | 42.023 % | £165,991 | £560,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £661,575 | £650,000 | FLAT C126 PARLIAMENT VIEW APARTMENTS, 1 ALBERT EMBANKMENT |
| 17 Nov 2023 | £1,334,761 | £1,315,000 | FLAT A40 PARLIAMENT VIEW APARTMENTS, 1 ALBERT EMBANKMENT |
| 27 Jan 2023 | £1,134,655 | £1,140,000 | FLAT A27 PARLIAMENT VIEW APARTMENTS, 1 ALBERT EMBANKMENT |
| 18 Jul 2022 | £972,618 | £970,000 | FLAT A23 PARLIAMENT VIEW APARTMENTS, 1 ALBERT EMBANKMENT |
| 22 Oct 2021 | £1,571,199 | £1,420,000 | FLAT D185 PARLIAMENT VIEW APARTMENTS, 1 ALBERT EMBANKMENT |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 25 Sep 2020. Using an estimated price of £678,271 means this house is valued at £13,842 per sq meter (£1,285 per sq foot).
The average size of a house on ALBERT EMBANKMENT is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Lambeth High Street | |
| Jan 2024 | Anti-social behaviour | On or near Lambeth High Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lambeth High Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lambeth High Street |
| Jan 2024 | Anti-social behaviour | On or near Lambeth High Street |