£538,573
This estimated value is based upon the latest sale price for the house of £500,000 on 26 Nov 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 Melrose Road
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56 Barnes High Street, London, SW13 9LF
Phone: 02036410316
| Price Paid | Date |
|---|---|
| £500,000 | 26 Nov 2021 |
| £223,000 | 31 Jan 2003 |
| £87,500 | 14 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 435 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £500,000 results in an estimated price of approximately £538,573.
| 26 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £500,000 | £38,573 | £538,573 |
The Postcode Pricing Model uses changes in average sales price within the SW13 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 | -28.818 % | £-144,089 | £355,910 |
| 3 Month Average | -58.486 % | £-292,429 | £207,570 |
| 6 Month Average | -36.185 % | £-180,923 | £319,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £938,881 | £930,000 | 37 LYRIC ROAD |
| 11 Apr 2023 | £755,616 | £750,000 | 33 LYRIC ROAD |
| 23 Jan 2023 | £703,818 | £710,000 | 55 LYRIC ROAD |
| 6 Jan 2023 | £317,214 | £320,000 | 91 LYRIC ROAD |
| 17 Dec 2021 | £778,947 | £730,000 | 39 LYRIC ROAD |
This house has a floor area of 40 sq meters or 435 sq feet when measured on 9 Sep 2010. Using an estimated price of £538,574 means this house is valued at £13,314 per sq meter (£1,236 per sq foot).
The average size of a house on MELROSE ROAD is 119 sq meters (1,284 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (435 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Melrose Road | |
| Jan 2024 | Anti-social behaviour | On or near Melrose Road | |
| Jan 2024 | Anti-social behaviour | On or near Melrose Road | |
| Jan 2024 | Anti-social behaviour | On or near Melrose Road | |
| Jan 2024 | Burglary | Under investigation | On or near Melrose Road |