£490,327
This estimated value is based upon the latest sale price for the house of £182,000 on 25 Sep 2002. 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 |
---|---|
£182,000 | 25 Sep 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 884 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 2002 the House Price Index for GREATER LONDON was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £182,000 results in an estimated price of approximately £490,327.
25 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 148.6 | 169.411 % | £182,000 | £308,327 | £490,327 |
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 | 109.445 % | £199,190 | £381,190 |
3 Month Average | 109.256 % | £198,846 | £380,846 |
6 Month Average | 131.844 % | £239,956 | £421,956 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £384,922 | £380,000 | 27B ST STEPHENS TERRACE |
30 Aug 2023 | £1,523,851 | £1,510,520 | 3 WALBERSWICK STREET |
9 Mar 2023 | £429,042 | £425,000 | 61A TRADESCANT ROAD |
17 Feb 2023 | £629,576 | £630,000 | FLAT 2 16 TRADESCANT ROAD |
12 Jan 2023 | £1,104,796 | £1,110,000 | 30 TRADESCANT ROAD |
This house has a floor area of 82 sq meters or 884 sq feet when measured on 19 Feb 2009. Using an estimated price of £490,327 means this house is valued at £5,966 per sq meter (£554 per sq foot).
The average size of a house on TRADESCANT ROAD is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Possession of weapons | Investigation complete; no suspect identified | On or near St Stephen'S Terrace |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near St Stephen'S Terrace |