£509,530
This estimated value is based upon the latest sale price for the house of £500,000 on 11 Apr 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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76 Lower Richmond Road, London, SW15 1LL
Phone: 02081152481
| Price Paid | Date |
|---|---|
| £500,000 | 11 Apr 2023 |
| £450,000 | 18 Jun 2019 |
| Freehold |
| Floor Area: 37 sq meters or 401 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 2023 the House Price Index for GREATER LONDON was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £500,000 results in an estimated price of approximately £509,530.
| 11 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £500,000 | £9,530 | £509,530 |
The Postcode Pricing Model uses changes in average sales price within the SW15 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 | -30.513 % | £-152,566 | £347,433 |
| 3 Month Average | -10.094 % | £-50,471 | £449,528 |
| 6 Month Average | -4.985 % | £-24,923 | £475,076 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £1,575,789 | £1,540,000 | 73 LOWER RICHMOND ROAD |
| 30 Oct 2023 | £1,210,493 | £1,183,000 | 6 ARDSHIEL CLOSE |
| 16 Aug 2023 | £1,272,959 | £1,250,000 | 7 ARDSHIEL CLOSE |
| 9 Jun 2023 | £1,750,072 | £1,715,000 | 20 RUVIGNY GARDENS |
| 2 Jun 2023 | £331,646 | £325,000 | BASEMENT FLAT 37 LOWER RICHMOND ROAD |
This house has a floor area of 37 sq meters or 401 sq feet when measured on 25 Aug 2010. Using an estimated price of £509,530 means this house is valued at £13,653 per sq meter (£1,268 per sq foot).
The average size of a house on LOWER RICHMOND ROAD is 87 sq meters (938 sq feet).