£636,831
This estimated value is based upon the latest sale price for the house of £513,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3a Victoria House South Lambeth Road, Nine Elms, London, SW8 1QT
Phone: 02034637504
Price Paid | Date |
---|---|
£513,000 | 16 Nov 2018 |
£349,950 | 27 Jul 2012 |
£305,000 | 2 Feb 2007 |
£201,000 | 25 Oct 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £513,000 results in an estimated price of approximately £636,831.
16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £513,000 | £123,831 | £636,831 |
The Postcode Pricing Model uses changes in average sales price within the SW8 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 | 40.658 % | £208,578 | £721,578 |
3 Month Average | -13.833 % | £-70,962 | £442,037 |
6 Month Average | 1.926 % | £9,882 | £522,882 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £1,210,512 | £1,200,000 | 133 HARTINGTON ROAD |
9 Aug 2023 | £397,163 | £390,000 | FLAT 24 EDRICH HOUSE BINFIELD ROAD |
4 Aug 2023 | £2,322,782 | £2,280,888 | 50 LANSDOWNE GARDENS |
17 Mar 2023 | £320,350 | £315,000 | FLAT 38 EDRICH HOUSE BINFIELD ROAD |
23 Feb 2023 | £1,510,087 | £1,500,000 | 41 LANSDOWNE GARDENS |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 8 Feb 2012. Using an estimated price of £636,832 means this house is valued at £11,372 per sq meter (£1,056 per sq foot).
The average size of a house on LANSDOWNE WAY is 69 sq meters (752 sq feet).