£487,310
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Jul 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Queens Circus, London, SW11 4BY
Phone: 02033286552
Price Paid | Date |
---|---|
£250,000 | 14 Jul 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 94.924%.Applying this 94.924% change to the original purchase price of £250,000 results in an estimated price of approximately £487,310.
14 Jul 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 148.6 | 94.924 % | £250,000 | £237,310 | £487,310 |
The Postcode Pricing Model uses changes in average sales price within the SW11 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 | 80.009 % | £200,022 | £450,022 |
3 Month Average | 112.217 % | £280,543 | £530,543 |
6 Month Average | 145.232 % | £363,079 | £613,079 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £595,418 | £585,000 | FLAT 12A PRINCE OF WALES MANSIONS PRINCE OF WALES DRIVE |
29 Sep 2023 | £658,419 | £650,000 | FLAT 11 ALBERT PALACE MANSIONS LURLINE GARDENS |
16 Aug 2023 | £522,434 | £517,864 | FLAT 10A PRINCE OF WALES MANSIONS PRINCE OF WALES DRIVE |
26 Aug 2022 | £786,882 | £789,000 | FLAT 33 ALBERT PALACE MANSIONS LURLINE GARDENS |
14 Jun 2022 | £811,468 | £800,000 | FLAT 69 ALBERT PALACE MANSIONS LURLINE GARDENS |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 6 Nov 2014. Using an estimated price of £487,310 means this house is valued at £8,121 per sq meter (£754 per sq foot).
The average size of a house on LURLINE GARDENS is 71 sq meters (771 sq feet).