£427,265
This estimated value is based upon the latest sale price for the house of £381,028 on 31 Mar 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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First Floor, Space 58, Streatham High Rd, London, SW16 1DA
Phone: 02081152696
Price Paid | Date |
---|---|
£381,028 | 31 Mar 2021 |
£72,000 | 7 Jun 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 March 2021 the House Price Index for GREATER LONDON was 133.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.135%.Applying this 12.135% change to the original purchase price of £381,028 results in an estimated price of approximately £427,265.
31 Mar 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.5 | 149.7 | 12.135 % | £381,028 | £46,237 | £427,265 |
The Postcode Pricing Model uses changes in average sales price within the SW16 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 | -6.703 % | £-25,539 | £355,488 |
3 Month Average | 4.436 % | £16,903 | £397,931 |
6 Month Average | 10.414 % | £39,679 | £420,707 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £424,645 | £415,000 | 6 HANNAY WALK |
20 Oct 2023 | £429,761 | £420,000 | FLAT 2 131 STERNHOLD AVENUE |
29 Sep 2023 | £470,369 | £460,000 | 25 DINGLEY LANE |
31 Aug 2023 | £509,184 | £500,000 | 26 DORRIEN WALK |
10 Aug 2023 | £488,816 | £480,000 | THE GARDEN FLAT 20 DREWSTEAD ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 10 Aug 2018. Using an estimated price of £427,265 means this house is valued at £8,377 per sq meter (£778 per sq foot).
The average size of a house on DREWSTEAD ROAD is 75 sq meters (814 sq feet).