£254,075
This estimated value is based upon the latest sale price for the house of £50,000 on 24 Jul 1997. 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 |
---|---|
£50,000 | 24 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 July 1997 the House Price Index for GREATER LONDON was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £50,000 results in an estimated price of approximately £254,075.
24 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 148.6 | 408.152 % | £50,000 | £204,075 | £254,075 |
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 | 305.593 % | £152,796 | £202,796 |
3 Month Average | 360.487 % | £180,243 | £230,243 |
6 Month Average | 399.590 % | £199,794 | £249,794 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £428,751 | £425,000 | 2 WAINFORD CLOSE |
8 Jun 2022 | £339,295 | £334,500 | 86 SWANTON GARDENS |
20 May 2022 | £270,089 | £265,000 | 30A VICTORIA DRIVE |
17 Nov 2021 | £389,345 | £360,000 | 14 WAINFORD CLOSE |
14 Oct 2021 | £470,253 | £425,000 | FLAT 10 TURNER LODGE WINDLESHAM GROVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 21 Jan 2013. Using an estimated price of £254,076 means this house is valued at £5,081 per sq meter (£472 per sq foot).
The average size of a house on WAINFORD CLOSE is 71 sq meters (767 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wainford Close |
Jan 2024 | Drugs | Local resolution | On or near Sandringham Close |