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|£350,000||29 Oct 1999|
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 1999 the House Price Index for GREATER LONDON was 32.6.The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 278.259%.
Applying this 278.259% change to the original purchase price of £350,000 gives us an estimated price now of around £1,323,908.
|29 Oct 1999||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the SW20 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||267.414 %||£935,950||£1,285,950|
|3 Month Average||152.783 %||£534,740||£884,740|
|6 Month Average||223.760 %||£783,161||£1,133,161|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In October 1999 the average sale price for the 50 nearest sales within three quarters of a mile of 15C LANSDOWNE ROAD was £220,744.
In May 2020 the average sale price for the 1 nearest sales was £450,000. This is a change of 103.856%.
So taking the original purchase price of £350,000 and adjusting it by 103.856% gives an estimated price of £713,496.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 29 Oct 1999||Average price on 28 May 2020||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|30 Aug 2019||£575,088||£570,000||FLAT 12 THE TERRACES, 8 LANSDOWNE ROAD|
|31 Jul 2019||£977,052||£960,000||10 LANSDOWNE ROAD|
|16 Jul 2019||£875,276||£860,000||2 THAXTED PLACE|
|5 Dec 2018||£1,045,784||£1,040,000||11B LANSDOWNE ROAD|
|21 Feb 2018||£593,954||£590,000||FLAT 29 LANHERNE HOUSE, 9 THE DOWNS|