£841,940
This estimated value is based upon the latest sale price for the house of £675,000 on 22 May 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 |
|---|---|
| £675,000 | 22 May 2018 |
| Terraced |
| Freehold |
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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £675,000 results in an estimated price of approximately £841,940.
| 22 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £675,000 | £166,940 | £841,940 |
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 | -16.405 % | £-110,731 | £564,268 |
| 3 Month Average | 29.996 % | £202,469 | £877,469 |
| 6 Month Average | 7.352 % | £49,626 | £724,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £725,188 | £712,500 | FLAT 5 1 LANSDOWNE GARDENS |
| 24 Aug 2023 | £1,543,503 | £1,530,000 | 42 THORNE ROAD |
| 7 Jul 2023 | £643,663 | £635,000 | FLAT 3 28 GUILDFORD ROAD |
| 6 Feb 2023 | £649,563 | £650,000 | 9 BROUGH CLOSE |
| 16 Jun 2022 | £405,734 | £400,000 | 118 MAWBEY STREET |