£441,520
This estimated value is based upon the latest sale price for the house of £360,000 on 1 Nov 2019. 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 |
---|---|
£360,000 | 1 Nov 2019 |
£345,000 | 13 Oct 2017 |
£180,000 | 27 Apr 2012 |
Flats/Maisonettes |
Leasehold |
Floor Area: 30 sq meters or 322 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £360,000 results in an estimated price of approximately £441,520.
1 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £360,000 | £81,520 | £441,520 |
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 | -12.350 % | £-44,460 | £315,539 |
3 Month Average | -4.958 % | £-17,848 | £342,151 |
6 Month Average | -13.346 % | £-48,047 | £311,952 |
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 30 sq meters or 322 sq feet when measured on 31 Oct 2016. Using an estimated price of £441,520 means this house is valued at £14,717 per sq meter (£1,367 per sq foot).
The average size of a house on SOUTH LAMBETH ROAD is 72 sq meters (784 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Meadow Place |
Feb 2024 | Vehicle crime | Under investigation | On or near Meadow Place |
Jan 2024 | Drugs | Offender given penalty notice | On or near Meadow Place |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Old South Lambeth Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Old South Lambeth Road |