£932,032
This estimated value is based upon the latest sale price for the house of £750,000 on 20 Dec 2018. 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 |
|---|---|
| £750,000 | 20 Dec 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £750,000 results in an estimated price of approximately £932,032.
| 20 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £750,000 | £182,032 | £932,032 |
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 | 17.535 % | £131,510 | £881,510 |
| 3 Month Average | -2.458 % | £-18,432 | £731,567 |
| 6 Month Average | 3.901 % | £29,256 | £779,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2021 | £610,690 | £565,000 | FLAT 32 BRENT HOUSE, 50 WANDSWORTH ROAD |
| 22 May 2020 | £662,427 | £537,582 | FLAT 19 GLADWIN TOWER, 50 WANDSWORTH ROAD |
| 6 Mar 2020 | £910,014 | £750,000 | FLAT 2 BRENT HOUSE, 50 WANDSWORTH ROAD |
| 13 Dec 2019 | £965,064 | £780,894 | FLAT 94 GLADWIN TOWER, 50 WANDSWORTH ROAD |
| 13 Dec 2019 | £989,889 | £800,981 | FLAT 85 GLADWIN TOWER 50 WANDSWORTH ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 25 May 2017. Using an estimated price of £932,033 means this house is valued at £11,650 per sq meter (£1,082 per sq foot).
The average size of a house on WANDSWORTH ROAD is 71 sq meters (769 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Supermarket |