£484,457
This estimated value is based upon the latest sale price for the house of £380,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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124 Westmount Road, London, SE9 1UT
Phone: 02035446118
| Price Paid | Date |
|---|---|
| £380,000 | 28 Jul 2017 |
| £112,500 | 28 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £380,000 results in an estimated price of approximately £484,457.
| 28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £380,000 | £104,457 | £484,457 |
The Postcode Pricing Model uses changes in average sales price within the SE18 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 | 3.922 % | £14,903 | £394,903 |
| 3 Month Average | 7.185 % | £27,304 | £407,304 |
| 6 Month Average | 8.165 % | £31,027 | £411,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £430,504 | £425,000 | 20 RED LION LANE |
| 4 Apr 2023 | £404,354 | £400,000 | 106 RED LION LANE |
| 30 Jan 2023 | £557,374 | £560,000 | 54 RED LION LANE |
| 25 Nov 2022 | £414,973 | £420,000 | 8 RED LION PLACE |
| 3 Aug 2022 | £433,832 | £435,000 | 138 RED LION LANE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 7 Feb 2017. Using an estimated price of £484,458 means this house is valued at £5,323 per sq meter (£494 per sq foot).
The average size of a house on RED LION PLACE is 124 sq meters (1,338 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Springwater Close | |
| Jan 2024 | Anti-social behaviour | On or near Springwater Close | |
| Jan 2024 | Anti-social behaviour | On or near Springwater Close | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springwater Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Springwater Close |