£396,585
This estimated value is based upon the latest sale price for the house of £364,000 on 3 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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245 Wimbledon Park Road, Southfields, SW18 5RJ
Phone: 02081667287
Price Paid | Date |
---|---|
£364,000 | 3 Nov 2021 |
£235,500 | 7 May 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £364,000 results in an estimated price of approximately £396,585.
3 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £364,000 | £32,585 | £396,585 |
The Postcode Pricing Model uses changes in average sales price within the SW19 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 | 11.129 % | £40,508 | £404,508 |
3 Month Average | 2.820 % | £10,263 | £374,263 |
6 Month Average | -1.724 % | £-6,273 | £357,726 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £438,811 | £435,000 | FLAT 10 ROSEWATER COURT, 129 BEAUMONT ROAD |
20 Nov 2023 | £620,757 | £605,000 | FLAT 7 WINGFIELD COURT, 137 BEAUMONT ROAD |
12 Oct 2023 | £306,972 | £300,000 | 109 BEAUMONT ROAD |
20 Sep 2023 | £255,635 | £250,000 | 188 KEEVIL DRIVE |
14 Feb 2023 | £604,035 | £600,000 | 17 SOUTHMEAD ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 30 Jul 2020. Using an estimated price of £396,585 means this house is valued at £5,508 per sq meter (£511 per sq foot).
The average size of a house on STOFORD CLOSE is 72 sq meters (785 sq feet).