£894,421
This estimated value is based upon the latest sale price for the house of £193,000 on 20 Nov 1998. 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 |
|---|---|
| £193,000 | 20 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £193,000 results in an estimated price of approximately £894,421.
| 20 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.431 % | £193,000 | £701,421 | £894,421 |
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 | 363.624 % | £701,794 | £894,794 |
| 3 Month Average | 364.860 % | £704,179 | £897,179 |
| 6 Month Average | 394.422 % | £761,234 | £954,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £470,736 | £462,500 | FLAT 3 MIMOSA COURT BINFIELD ROAD |
| 27 Mar 2023 | £370,995 | £367,500 | 132 PORTLAND GROVE |
| 24 Feb 2023 | £1,573,941 | £1,575,000 | 7 STOCKWELL TERRACE |
| 15 Jul 2022 | £335,904 | £335,000 | FLAT 2 ACOMB COURT, 23 LANSDOWNE WAY |
| 13 Jun 2022 | £424,514 | £418,515 | FLAT 7 ACOMB COURT, 23 LANSDOWNE WAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 3 Dec 2018. Using an estimated price of £894,421 means this house is valued at £11,615 per sq meter (£1,079 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 | Criminal damage and arson | Under investigation | On or near Spencer Mews |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Spencer Mews |
| Dec 2023 | Public order | Under investigation | On or near Spencer Mews |
| Dec 2023 | Anti-social behaviour | On or near A203 | |
| Dec 2023 | Anti-social behaviour | On or near A203 |