£497,915
This estimated value is based upon the latest sale price for the house of £450,000 on 11 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1-5 Wandsworth Road, London, SW8 2LN
Phone: 02080339116
| Price Paid | Date |
|---|---|
| £450,000 | 11 Oct 2021 |
| £374,000 | 13 Sep 2011 |
| £150,000 | 10 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 89 sq meters or 959 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 October 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £450,000 results in an estimated price of approximately £497,915.
| 11 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £450,000 | £47,915 | £497,915 |
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 | 24.798 % | £111,590 | £561,590 |
| 3 Month Average | 22.310 % | £100,396 | £550,396 |
| 6 Month Average | 9.855 % | £44,349 | £494,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £911,656 | £900,000 | APARTMENT 33 12 LAWN LANE |
| 5 Apr 2023 | £343,701 | £340,000 | FLAT 24 PARK MANSIONS SOUTH LAMBETH ROAD |
| 31 Mar 2023 | £393,709 | £390,000 | FLAT 3 FALKES LODGE, 5 LANGLEY LANE |
| 31 Mar 2023 | £504,755 | £500,000 | APARTMENT 8 12 LAWN LANE |
| 8 Mar 2023 | £317,996 | £315,000 | FLAT 25 PARK MANSIONS SOUTH LAMBETH ROAD |
This house has a floor area of 89 sq meters or 959 sq feet when measured on 16 Mar 2012. Using an estimated price of £497,915 means this house is valued at £5,586 per sq meter (£518 per sq foot).
The average size of a house on SOUTH LAMBETH ROAD is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Langley Lane | |
| Jan 2024 | Anti-social behaviour | On or near Langley Lane | |
| Jan 2024 | Anti-social behaviour | On or near Langley Lane | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Langley Lane |
| Dec 2023 | Burglary | Under investigation | On or near Lawn Lane |