£885,488
This estimated value is based upon the latest sale price for the house of £545,000 on 27 Nov 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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10 Hermitage Lane, Norbury, London, SW16 3LH
Phone: 02081667246
| Price Paid | Date |
|---|---|
| £545,000 | 27 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 2013 the House Price Index for GREATER LONDON was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £545,000 results in an estimated price of approximately £885,488.
| 27 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £545,000 | £340,488 | £885,488 |
The Postcode Pricing Model uses changes in average sales price within the SW16 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 | 64.973 % | £354,103 | £899,103 |
| 3 Month Average | 52.966 % | £288,667 | £833,667 |
| 6 Month Average | 66.048 % | £359,961 | £904,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £861,596 | £850,000 | 38 CRESCENT WAY |
| 21 Jul 2023 | £912,278 | £900,000 | 179 COVINGTON WAY |
| 27 Jan 2023 | £970,429 | £975,000 | 71 THE CHASE |
| 1 Sep 2022 | £798,551 | £805,000 | 44 CRESCENT WAY |
| 9 Aug 2022 | £747,987 | £750,000 | 28 COURTLAND AVENUE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 13 Jun 2013. Using an estimated price of £885,489 means this house is valued at £5,270 per sq meter (£489 per sq foot).
The average size of a house on COVINGTON WAY is 140 sq meters (1,508 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crescent Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Chase |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Chase |
| Jan 2024 | Burglary | Under investigation | On or near Hillcote Avenue |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Covington Way |