£535,060
This estimated value is based upon the latest sale price for the house of £120,000 on 30 Apr 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Unit 3, The Show House, Merton Abbey Mills, Watermill Way, London, SW19 2RD
Phone: 02080334604
Price Paid | Date |
---|---|
£120,000 | 30 Apr 1999 |
£75,000 | 28 Jul 1995 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 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 April 1999 the House Price Index for GREATER LONDON was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £120,000 results in an estimated price of approximately £535,060.
30 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 148.6 | 345.883 % | £120,000 | £415,060 | £535,060 |
The Postcode Pricing Model uses changes in average sales price within the SW19 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 | 235.901 % | £283,081 | £403,081 |
3 Month Average | 281.585 % | £337,902 | £457,902 |
6 Month Average | 310.460 % | £372,552 | £492,552 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jan 2023 | £447,890 | £450,000 | 8 STATION ROAD |
23 Sep 2022 | £376,956 | £380,000 | TRANSFORMER CHAMBER BENNETS COURTYARD WATERMILL WAY |
7 Jul 2022 | £340,918 | £340,000 | FLAT 11 BENNETS COURTYARD WATERMILL WAY |
31 Mar 2022 | £502,587 | £485,000 | FLAT 47 BENNETS COURTYARD WATERMILL WAY |
9 Nov 2021 | £13,627,075 | £12,600,000 | 42 STATION ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 15 Feb 2016. Using an estimated price of £535,060 means this house is valued at £7,985 per sq meter (£741 per sq foot).
The average size of a house on STATION ROAD is 85 sq meters (916 sq feet).