£7,241,805
This estimated value is based upon the latest sale price for the house of £6,700,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Thornsett Road
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344 Garratt Lane, Wandsworth, London, SW18 4EL
Phone: 02036414088
| Price Paid | Date |
|---|---|
| £6,700,000 | 18 Jun 2021 |
| Freehold |
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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £6,700,000 results in an estimated price of approximately £7,241,805.
| 18 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £6,700,000 | £541,805 | £7,241,805 |
The Postcode Pricing Model uses changes in average sales price within the SW18 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 | 4.422 % | £296,259 | £6,996,259 |
| 3 Month Average | 8.416 % | £563,866 | £7,263,866 |
| 6 Month Average | 21.066 % | £1,411,392 | £8,111,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £489,262 | £478,150 | 155 PENWITH ROAD |
| 10 Oct 2023 | £562,782 | £550,000 | FLAT 53 VOLTAIRE BUILDINGS, 330 GARRATT LANE |
| 5 Oct 2023 | £828,824 | £810,000 | FLAT 15 160 PENWITH ROAD |
| 24 Mar 2023 | £691,549 | £680,000 | 134A PENWITH ROAD |
| 22 Mar 2023 | £528,832 | £520,000 | FLAT 5 505 GARRATT LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Thornsett Road |
| Apr 2024 | Drugs | Under investigation | On or near Thornsett Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Thornsett Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Thornsett Road |