£599,533
This estimated value is based upon the latest sale price for the house of £500,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3 Arlington Parade, Brixton Hill, Brixton, SW2 1RH
Phone: 02034632664
Price Paid | Date |
---|---|
£500,000 | 7 Aug 2020 |
£485,000 | 9 Mar 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £500,000 results in an estimated price of approximately £599,533.
7 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £500,000 | £99,533 | £599,533 |
The Postcode Pricing Model uses changes in average sales price within the SW2 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 | -45.667 % | £-228,337 | £271,662 |
3 Month Average | -28.884 % | £-144,421 | £355,578 |
6 Month Average | -7.636 % | £-38,179 | £461,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £354,775 | £350,000 | FLAT 27 CROWNSTONE COURT CROWNSTONE ROAD |
26 Apr 2023 | £726,826 | £719,000 | 22 DRAY GARDENS |
19 Aug 2022 | £373,993 | £375,000 | FLAT 10 SPRINGETT HOUSE ST MATTHEWS ROAD |
22 Jun 2022 | £502,096 | £495,000 | FLAT 2 38 JOSEPHINE AVENUE |
19 May 2022 | £450,488 | £442,000 | FLAT 12 SPRINGETT HOUSE ST MATTHEWS ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 4 Mar 2016. Using an estimated price of £599,533 means this house is valued at £11,990 per sq meter (£1,113 per sq foot).
The average size of a house on BRIXTON WATER LANE is 85 sq meters (921 sq feet).