£391,560
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Oct 2007. 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 |
---|---|
£250,000 | 4 Oct 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 October 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £250,000 results in an estimated price of approximately £391,560.
4 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 149.7 | 56.624 % | £250,000 | £141,560 | £391,560 |
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 | 112.928 % | £282,318 | £532,318 |
3 Month Average | 42.180 % | £105,449 | £355,449 |
6 Month Average | 60.466 % | £151,165 | £401,165 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £1,872,532 | £1,825,000 | 16 THE WINERY REGENTS BRIDGE GARDENS |
26 Oct 2023 | £358,134 | £350,000 | FLAT 61 VICTORIA MANSIONS SOUTH LAMBETH ROAD |
27 Jun 2023 | £40,818 | £40,000 | 5A-6A VICTORIA HOUSE SOUTH LAMBETH ROAD |
22 Jun 2023 | £602,065 | £590,000 | 160A OLD SOUTH LAMBETH ROAD |
29 Sep 2022 | £489,673 | £490,000 | FLAT 94 VICTORIA MANSIONS SOUTH LAMBETH ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 19 May 2021. Using an estimated price of £391,561 means this house is valued at £8,157 per sq meter (£757 per sq foot).
The average size of a house on OLD SOUTH LAMBETH ROAD is 59 sq meters (643 sq feet).