£546,046
This estimated value is based upon the latest sale price for the house of £420,000 on 10 Feb 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 |
---|---|
£420,000 | 10 Feb 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 84 sq meters or 904 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £420,000 results in an estimated price of approximately £546,046.
10 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £420,000 | £126,046 | £546,046 |
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 | -9.231 % | £-38,770 | £381,229 |
3 Month Average | 0.283 % | £1,189 | £421,189 |
6 Month Average | 6.918 % | £29,056 | £449,056 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2022 | £298,642 | £290,000 | 12 SPENCER MEWS |
29 Apr 2022 | £329,536 | £320,000 | 8 SPENCER MEWS |
30 Sep 2021 | £290,950 | £270,000 | FLAT 42 RUNDELL TOWER PORTLAND GROVE |
19 Feb 2021 | £493,820 | £435,000 | FLAT 12 TYPOGRAPHIC BUILDING, 187 CLAPHAM ROAD |
7 Dec 2020 | £470,563 | £410,000 | FLAT 51 DOVET COURT MURSELL ESTATE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 1 Jun 2016. Using an estimated price of £546,046 means this house is valued at £6,500 per sq meter (£603 per sq foot).
The average size of a house on MURSELL ESTATE is 83 sq meters (896 sq feet).