£425,425
This estimated value is based upon the latest sale price for the house of £237,500 on 7 Nov 2008. 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 |
|---|---|
| £237,500 | 7 Nov 2008 |
| £180,000 | 12 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 552 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 2008 the House Price Index for GREATER LONDON was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £237,500 results in an estimated price of approximately £425,425.
| 7 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.126 % | £237,500 | £187,925 | £425,425 |
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 | 80.741 % | £191,760 | £429,260 |
| 3 Month Average | 60.874 % | £144,576 | £382,076 |
| 6 Month Average | 77.406 % | £183,838 | £421,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £619,522 | £610,350 | 63 THORPARCH ROAD |
| 17 Nov 2023 | £720,669 | £710,000 | FIRST AND SECOND FLOOR FLAT AT 18 THORPARCH ROAD |
| 22 Sep 2023 | £1,240,866 | £1,225,000 | 40 THORPARCH ROAD |
| 18 Apr 2023 | £652,020 | £645,000 | 11A GOLDSBORO ROAD |
| 18 Apr 2023 | £404,354 | £400,000 | 11 GOLDSBORO ROAD |
This house has a floor area of 51 sq meters or 552 sq feet when measured on 10 Jan 2011. Using an estimated price of £425,425 means this house is valued at £8,292 per sq meter (£770 per sq foot).
The average size of a house on THORPARCH ROAD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cowthorpe Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cowthorpe Road |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Cowthorpe Road |
| Dec 2023 | Anti-social behaviour | On or near Cowthorpe Road | |
| Dec 2023 | Anti-social behaviour | On or near Cowthorpe Road |