£525,516
This estimated value is based upon the latest sale price for the house of £310,000 on 25 Jan 2013. 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 |
---|---|
£310,000 | 25 Jan 2013 |
£218,500 | 10 Jan 2012 |
£118,000 | 27 Aug 1999 |
£77,500 | 31 Oct 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 January 2013 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £310,000 results in an estimated price of approximately £525,516.
25 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £310,000 | £215,516 | £525,516 |
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 | 53.582 % | £166,105 | £476,105 |
3 Month Average | 48.080 % | £149,046 | £459,046 |
6 Month Average | 60.320 % | £186,991 | £496,991 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £725,188 | £712,500 | FLAT 5 1 LANSDOWNE GARDENS |
24 Aug 2023 | £1,543,503 | £1,530,000 | 42 THORNE ROAD |
7 Jul 2023 | £643,663 | £635,000 | FLAT 3 28 GUILDFORD ROAD |
6 Feb 2023 | £649,563 | £650,000 | 9 BROUGH CLOSE |
16 Jun 2022 | £405,734 | £400,000 | 118 MAWBEY STREET |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 7 Sep 2020. Using an estimated price of £525,516 means this house is valued at £11,424 per sq meter (£1,061 per sq foot).
The average size of a house on THORNE ROAD is 80 sq meters (863 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Thorne Road | |
Dec 2023 | Anti-social behaviour | On or near Thorne Road | |
Dec 2023 | Anti-social behaviour | On or near Thorne Road | |
Dec 2023 | Anti-social behaviour | On or near Thorne Road | |
Dec 2023 | Anti-social behaviour | On or near Thorne Road |