£584,240
This estimated value is based upon the latest sale price for the house of £460,000 on 25 Aug 2017. 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 |
---|---|
£460,000 | 25 Aug 2017 |
£227,500 | 28 May 2004 |
£115,000 | 23 Oct 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £460,000 results in an estimated price of approximately £584,240.
25 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £460,000 | £124,240 | £584,240 |
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 | -19.882 % | £-91,458 | £368,541 |
3 Month Average | -1.425 % | £-6,554 | £453,445 |
6 Month Average | 35.205 % | £161,941 | £621,941 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £1,027,715 | £1,012,500 | FLAT 9 THE VAT HOUSE, 27 REGENTS BRIDGE GARDENS |
30 Jun 2023 | £430,211 | £425,000 | FLAT 1 BEAUFOY HOUSE, 1 REGENTS BRIDGE GARDENS |
11 Nov 2022 | £316,170 | £320,000 | FLAT 3 HANBURY HOUSE, 28 REGENTS BRIDGE GARDENS |
15 Jul 2022 | £412,109 | £411,000 | FLAT 2 3 RITA ROAD |
18 Mar 2022 | £396,888 | £383,000 | THE GROUND FLOOR FLAT AT 53 HEYFORD AVENUE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 11 Sep 2013. Using an estimated price of £584,241 means this house is valued at £11,235 per sq meter (£1,043 per sq foot).
The average size of a house on REGENTS BRIDGE GARDENS is 62 sq meters (677 sq feet).