£925,705
This estimated value is based upon the latest sale price for the house of £652,500 on 7 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3a Victoria House South Lambeth Road, Nine Elms, London, SW8 1QT
Phone: 02034637504
Price Paid | Date |
---|---|
£652,500 | 7 Sep 2015 |
£550,000 | 10 Jul 2015 |
£275,000 | 10 Feb 2006 |
£240,000 | 6 Dec 2004 |
£157,000 | 7 Jun 1999 |
£98,500 | 22 Aug 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 90 sq meters or 968 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 September 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £652,500 results in an estimated price of approximately £925,705.
7 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 148.6 | 41.871 % | £652,500 | £273,205 | £925,705 |
The Postcode Pricing Model uses changes in average sales price within the SW8 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 | -4.887 % | £-31,889 | £620,610 |
3 Month Average | -9.678 % | £-63,147 | £589,352 |
6 Month Average | -3.015 % | £-19,674 | £632,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jul 2023 | £415,593 | £410,000 | 31A RITA ROAD |
14 Jun 2023 | £561,805 | £555,000 | FLAT 3 63 HEYFORD AVENUE |
19 Apr 2023 | £2,021,769 | £2,000,000 | 131 FENTIMAN ROAD |
3 Feb 2023 | £679,543 | £680,000 | 65 RITA ROAD |
9 Jan 2023 | £460,332 | £462,500 | 69 HEYFORD AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 9 May 2014. Using an estimated price of £925,705 means this house is valued at £10,285 per sq meter (£955 per sq foot).
The average size of a house on RITA ROAD is 79 sq meters (857 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rita Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Rita Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rita Road |
Jan 2024 | Anti-social behaviour | On or near Rita Road | |
Jan 2024 | Anti-social behaviour | On or near Rita Road |