£97,976
This estimated value is based upon the latest sale price for the house of £57,000 on 4 Jan 2012. 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 |
---|---|
£57,000 | 4 Jan 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 474 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 2012 the House Price Index for GREATER LONDON was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £57,000 results in an estimated price of approximately £97,976.
4 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 148.6 | 71.888 % | £57,000 | £40,976 | £97,976 |
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 | 65.645 % | £37,417 | £94,417 |
3 Month Average | 47.609 % | £27,137 | £84,137 |
6 Month Average | 64.829 % | £36,952 | £93,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £441,000 | £441,000 | 245 SOUTH LAMBETH ROAD |
27 Mar 2023 | £370,995 | £367,500 | 132 PORTLAND GROVE |
4 Jan 2023 | £209,015 | £210,000 | 104 PORTLAND GROVE |
13 Sep 2022 | £425,651 | £429,088 | FIRST FLOOR FLAT, 243 SOUTH LAMBETH ROAD |
30 May 2022 | £326,145 | £320,000 | FLAT 14 75 PORTLAND GROVE |
This house has a floor area of 44 sq meters or 474 sq feet when measured on 28 Apr 2011. Using an estimated price of £97,976 means this house is valued at £2,223 per sq meter (£206 per sq foot).
The average size of a house on PORTLAND GROVE is 59 sq meters (644 sq feet).