£569,944
This estimated value is based upon the latest sale price for the house of £550,000 on 25 Mar 2022. 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 |
|---|---|
| £550,000 | 25 Mar 2022 |
| £325,017 | 6 Aug 2010 |
| £200,000 | 7 Dec 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £550,000 results in an estimated price of approximately £569,944.
| 25 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £550,000 | £19,944 | £569,944 |
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 | 62.000 % | £341,000 | £891,000 |
| 3 Month Average | 24.942 % | £137,181 | £687,181 |
| 6 Month Average | 20.966 % | £115,311 | £665,311 |
| 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 | £504,755 | £500,000 | APARTMENT 8 12 LAWN LANE |
| 31 Mar 2023 | £393,709 | £390,000 | FLAT 3 FALKES LODGE, 5 LANGLEY LANE |
| 8 Mar 2023 | £317,996 | £315,000 | FLAT 25 PARK MANSIONS SOUTH LAMBETH ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 9 May 2012. Using an estimated price of £569,944 means this house is valued at £6,476 per sq meter (£601 per sq foot).
The average size of a house on SOUTH LAMBETH ROAD is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Langley Lane |
| Mar 2024 | Anti-social behaviour | On or near Langley Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Langley Lane |
| Mar 2024 | Bicycle theft | Under investigation | On or near Langley Lane |
| Feb 2024 | Theft from the person | Under investigation | On or near Langley Lane |