£377,947
This estimated value is based upon the latest sale price for the house of £272,500 on 18 Nov 2015. 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 |
---|---|
£272,500 | 18 Nov 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 35 sq meters or 378 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 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £272,500 results in an estimated price of approximately £377,947.
18 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.0 | 38.696 % | £272,500 | £105,447 | £377,947 |
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 | 4.521 % | £12,320 | £284,820 |
3 Month Average | 9.693 % | £26,413 | £298,913 |
6 Month Average | -5.390 % | £-14,687 | £257,812 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £1,848,734 | £1,825,000 | 16 THE WINERY REGENTS BRIDGE GARDENS |
27 Jun 2023 | £40,327 | £40,000 | 5A-6A VICTORIA HOUSE SOUTH LAMBETH ROAD |
22 Jun 2023 | £594,823 | £590,000 | 160A OLD SOUTH LAMBETH ROAD |
29 Sep 2022 | £484,112 | £490,000 | FLAT 94 VICTORIA MANSIONS SOUTH LAMBETH ROAD |
12 May 2022 | £380,658 | £375,000 | FLAT 42 KINGS HOUSE, 178 SOUTH LAMBETH ROAD |
This house has a floor area of 35 sq meters or 378 sq feet when measured on 8 Feb 2012. Using an estimated price of £377,947 means this house is valued at £10,737 per sq meter (£997 per sq foot).
The average size of a house on OLD SOUTH LAMBETH ROAD is 59 sq meters (643 sq feet).