£873,306
This estimated value is based upon the latest sale price for the house of £590,000 on 10 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Palace View, 131 Lambeth Road, London, SE1 7JN
Phone: 02077681152
Price Paid | Date |
---|---|
£590,000 | 10 Apr 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 April 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £590,000 results in an estimated price of approximately £873,306.
10 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £590,000 | £283,306 | £873,306 |
The Postcode Pricing Model uses changes in average sales price within the SE11 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 | -0.636 % | £-3,750 | £586,249 |
3 Month Average | 2.618 % | £15,446 | £605,446 |
6 Month Average | -3.781 % | £-22,307 | £567,692 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £461,737 | £451,250 | FLAT 19 VANTREY HOUSE MARYLEE WAY |
23 Jun 2023 | £464,305 | £455,000 | FLAT 20 BECKHAM HOUSE MARYLEE WAY |
6 Sep 2022 | £2,498,331 | £2,500,000 | ASSEMBLY HALL LILLIAN BAYLIS SCHOOL LOLLARD STREET |
14 Jul 2022 | £616,174 | £610,000 | 96A LOLLARD STREET |
28 Apr 2022 | £394,220 | £380,000 | FLAT 64 TOMKYNS HOUSE DISTIN STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 16 Oct 2014. Using an estimated price of £873,306 means this house is valued at £12,842 per sq meter (£1,193 per sq foot).
The average size of a house on CABANEL PLACE is 84 sq meters (906 sq feet).