£306,453
This estimated value is based upon the latest sale price for the house of £163,000 on 28 Jan 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Palace View, 131 Lambeth Road, London, SE1 7JN
Phone: 02077681152
| Price Paid | Date |
|---|---|
| £163,000 | 28 Jan 2005 |
| £50,000 | 16 Apr 1997 |
| 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 January 2005 the House Price Index for GREATER LONDON was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £163,000 results in an estimated price of approximately £306,453.
| 28 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £163,000 | £143,453 | £306,453 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | 54.117 % | £88,210 | £251,210 |
| 3 Month Average | 96.436 % | £157,190 | £320,190 |
| 6 Month Average | 102.984 % | £167,864 | £330,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £314,813 | £311,000 | 31 JUXON STREET |
| 22 Jun 2023 | £359,353 | £355,000 | FLAT 10 20 JUXON STREET |
| 28 Apr 2023 | £355,831 | £352,000 | FLAT 25 20 JUXON STREET |
| 7 Mar 2023 | £358,376 | £355,000 | FLAT 9 8 SAIL STREET |
| 31 Aug 2022 | £339,087 | £340,000 | 6 SAIL STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Mar 2019. Using an estimated price of £306,454 means this house is valued at £5,023 per sq meter (£466 per sq foot).
The average size of a house on LAMBETH ROAD is 75 sq meters (808 sq feet).