£348,924
This estimated value is based upon the latest sale price for the house of £184,000 on 23 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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57 Sheen Lane, London, SW14 8AB
Phone: 02035893905
Price Paid | Date |
---|---|
£184,000 | 23 Nov 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 2004 the House Price Index for GREATER LONDON was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £184,000 results in an estimated price of approximately £348,924.
23 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £184,000 | £164,924 | £348,924 |
The Postcode Pricing Model uses changes in average sales price within the SW14 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 | 215.048 % | £395,687 | £579,687 |
3 Month Average | 233.608 % | £429,839 | £613,839 |
6 Month Average | 153.972 % | £283,309 | £467,309 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £695,328 | £680,000 | 5 WALDECK TERRACE |
30 Mar 2023 | £391,539 | £385,000 | FLAT 13 HUNTINGDON COURT LITTLE ST LEONARDS |
19 Aug 2022 | £793,711 | £790,000 | 8 WALDECK TERRACE |
9 Aug 2022 | £740,462 | £737,000 | 9 WALDECK TERRACE |
25 Jul 2022 | £787,895 | £780,000 | 6 ROSEMARY COTTAGES ROSEMARY GARDENS |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 1 Dec 2016. Using an estimated price of £348,924 means this house is valued at £6,461 per sq meter (£600 per sq foot).
The average size of a house on CROMWELL PLACE is 101 sq meters (1,091 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).