£394,139
This estimated value is based upon the latest sale price for the house of £235,000 on 4 Apr 2013. 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 |
|---|---|
| £235,000 | 4 Apr 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 338 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 April 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £235,000 results in an estimated price of approximately £394,139.
| 4 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.719 % | £235,000 | £159,139 | £394,139 |
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 | 20.759 % | £48,783 | £283,783 |
| 3 Month Average | 55.681 % | £130,850 | £365,850 |
| 6 Month Average | 54.921 % | £129,064 | £364,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £1,070,854 | £1,055,000 | 15 DORSET ROAD |
| 30 Aug 2023 | £1,523,851 | £1,510,520 | 3 WALBERSWICK STREET |
| 17 Feb 2023 | £629,576 | £630,000 | FLAT 2 16 TRADESCANT ROAD |
| 25 Jan 2023 | £462,820 | £465,000 | FLAT 4 STAMFORD BUILDINGS SOUTH LAMBETH ROAD |
| 5 Aug 2022 | £1,201,765 | £1,205,000 | 39 TRADESCANT ROAD |
This house has a floor area of 31 sq meters or 338 sq feet when measured on 30 Mar 2012. Using an estimated price of £394,139 means this house is valued at £12,532 per sq meter (£1,164 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 | Drugs | Offender given penalty notice | On or near Meadow Place |
| Jan 2024 | Anti-social behaviour | On or near Old South Lambeth Road | |
| Jan 2024 | Anti-social behaviour | On or near Old South Lambeth Road | |
| Jan 2024 | Other theft | Under investigation | On or near Old South Lambeth Road |
| Jan 2024 | Anti-social behaviour | On or near Old South Lambeth Road |