£977,482
This estimated value is based upon the latest sale price for the house of £421,718 on 4 Aug 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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76 Lower Richmond Road, London, SW15 1LL
Phone: 02081152481
Price Paid | Date |
---|---|
£421,718 | 4 Aug 2003 |
£270,000 | 23 Aug 1999 |
£185,000 | 6 Feb 1996 |
Terraced |
Freehold |
Floor Area: 130 sq meters or 1,399 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 August 2003 the House Price Index for GREATER LONDON was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £421,718 results in an estimated price of approximately £977,482.
4 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.6 | 149.7 | 131.786 % | £421,718 | £555,764 | £977,482 |
The Postcode Pricing Model uses changes in average sales price within the SW15 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 | 81.303 % | £342,871 | £764,589 |
3 Month Average | 116.230 % | £490,161 | £911,879 |
6 Month Average | 130.085 % | £548,592 | £970,310 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £1,575,789 | £1,540,000 | 73 LOWER RICHMOND ROAD |
30 Oct 2023 | £1,210,493 | £1,183,000 | 6 ARDSHIEL CLOSE |
31 Aug 2023 | £463,357 | £455,000 | 82A FELSHAM ROAD |
22 Aug 2023 | £728,133 | £715,000 | 30 BEMISH ROAD |
16 Aug 2023 | £1,272,959 | £1,250,000 | 7 ARDSHIEL CLOSE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 23 Aug 2021. Using an estimated price of £977,483 means this house is valued at £7,519 per sq meter (£698 per sq foot).
The average size of a house on ARDSHIEL CLOSE is 141 sq meters (1,525 sq feet).