£427,533
This estimated value is based upon the latest sale price for the house of £272,500 on 3 Aug 2007. 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 |
---|---|
£272,500 | 3 Aug 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 640 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 2007 the House Price Index for GREATER LONDON was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £272,500 results in an estimated price of approximately £427,533.
3 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.6 | 56.893 % | £272,500 | £155,033 | £427,533 |
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 | 52.282 % | £142,468 | £414,968 |
3 Month Average | 49.051 % | £133,663 | £406,163 |
6 Month Average | 70.474 % | £192,041 | £464,541 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £447,836 | £440,000 | FLAT 12 PETER HOUSE WYVIL ROAD |
15 Nov 2023 | £756,195 | £745,000 | 16 WALTON CLOSE |
28 Sep 2023 | £333,261 | £329,000 | 8 WILCOX CLOSE |
18 Sep 2023 | £487,463 | £481,230 | FLAT 10 LANG HOUSE HARTINGTON ROAD |
30 Jun 2023 | £5,061,308 | £5,000,000 | 3 - 5 WILCOX ROAD |
This house has a floor area of 59 sq meters or 640 sq feet when measured on 20 Oct 2011. Using an estimated price of £427,533 means this house is valued at £7,187 per sq meter (£667 per sq foot).
The average size of a house on HARTINGTON ROAD is 76 sq meters (824 sq feet).