£261,284
This estimated value is based upon the latest sale price for the house of £120,000 on 22 Dec 2003. 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 |
|---|---|
| £120,000 | 22 Dec 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 December 2003 the House Price Index for GREATER LONDON was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £120,000 results in an estimated price of approximately £261,284.
| 22 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £120,000 | £141,284 | £261,284 |
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 | 111.839 % | £134,206 | £254,206 |
| 3 Month Average | 81.553 % | £97,863 | £217,863 |
| 6 Month Average | 109.122 % | £130,946 | £250,946 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £396,267 | £392,000 | FLAT 8 GOSTON GATE HAMPSON WAY |
| 24 Feb 2023 | £345,767 | £346,000 | 95 HAMPSON WAY |
| 27 Jul 2022 | £280,756 | £280,000 | 135 HAMPSON WAY |
| 15 Jul 2022 | £360,922 | £359,950 | 173 HAMPSON WAY |
| 30 May 2022 | £326,145 | £320,000 | FLAT 14 75 PORTLAND GROVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 25 Jul 2013. Using an estimated price of £261,285 means this house is valued at £4,147 per sq meter (£385 per sq foot).
The average size of a house on PORTLAND GROVE is 59 sq meters (644 sq feet).