£605,329
This estimated value is based upon the latest sale price for the house of £512,224 on 16 Oct 2020. 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 |
---|---|
£512,224 | 16 Oct 2020 |
£385,914 | 10 May 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £512,224 results in an estimated price of approximately £605,329.
16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £512,224 | £93,105 | £605,329 |
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 | 57.475 % | £294,402 | £806,626 |
3 Month Average | -11.690 % | £-59,881 | £452,342 |
6 Month Average | -10.383 % | £-53,185 | £459,038 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £752,081 | £735,000 | APARTMENT 2404 155 WANDSWORTH ROAD |
8 Aug 2023 | £728,133 | £715,000 | APARTMENT 2403 155 WANDSWORTH ROAD |
17 Apr 2023 | £727,609 | £714,000 | APARTMENT 1207 155 WANDSWORTH ROAD |
23 Jan 2023 | £752,009 | £750,000 | APARTMENT 2504 155 WANDSWORTH ROAD |
23 Jan 2023 | £752,009 | £750,000 | APARTMENT 2503 155 WANDSWORTH ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 16 Mar 2017. Using an estimated price of £605,329 means this house is valued at £11,869 per sq meter (£1,102 per sq foot).
The average size of a house on WANDSWORTH ROAD is 71 sq meters (769 sq feet).