£495,702
This estimated value is based upon the latest sale price for the house of £400,000 on 19 Jul 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 |
|---|---|
| £400,000 | 19 Jul 2018 |
| £48,000 | 28 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £400,000 results in an estimated price of approximately £495,702.
| 19 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £400,000 | £95,702 | £495,702 |
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 | -0.523 % | £-2,093 | £397,906 |
| 3 Month Average | 17.608 % | £70,433 | £470,433 |
| 6 Month Average | 17.398 % | £69,591 | £469,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £406,011 | £400,000 | FLAT 29 MELCOMBE HOUSE DORSET ROAD |
| 10 Jul 2023 | £1,723,192 | £1,700,000 | 104 - 106 DORSET ROAD |
| 30 Jun 2023 | £404,905 | £400,000 | FLAT 56 LULWORTH HOUSE DORSET ROAD |
| 27 Mar 2023 | £353,329 | £350,000 | FLAT 54 LULWORTH HOUSE DORSET ROAD |
| 25 Jan 2023 | £472,773 | £475,000 | FLAT 13 CHARMOUTH HOUSE DORSET ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 25 Sep 2016. Using an estimated price of £495,702 means this house is valued at £8,126 per sq meter (£754 per sq foot).
The average size of a house on DORSET ROAD is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Kibworth Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Dorset Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Dorset Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Dorset Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dorset Road |