£950,173
This estimated value is based upon the latest sale price for the house of £574,000 on 14 Dec 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Strata Pavillion, 4 Walworth Road, London, SE1 6EB
Phone: 02036417282
| Price Paid | Date |
|---|---|
| £574,000 | 14 Dec 2006 |
| £350,000 | 8 Sep 2000 |
| £187,500 | 14 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 December 2006 the House Price Index for GREATER LONDON was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £574,000 results in an estimated price of approximately £950,173.
| 14 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £574,000 | £376,173 | £950,173 |
The Postcode Pricing Model uses changes in average sales price within the SE17 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 | 141.265 % | £810,860 | £1,384,860 |
| 3 Month Average | 82.457 % | £473,305 | £1,047,305 |
| 6 Month Average | 104.629 % | £600,571 | £1,174,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £335,974 | £331,000 | FLAT 18 PENROSE HOUSE PENROSE STREET |
| 7 Sep 2023 | £1,190,218 | £1,175,000 | 2 SUTHERLAND SQUARE |
| 26 Aug 2022 | £423,859 | £425,000 | FLAT 84 PENROSE HOUSE PENROSE STREET |
| 19 Jul 2022 | £932,510 | £930,000 | 25 FIELDING STREET |
| 27 Jun 2022 | £1,196,915 | £1,180,000 | 3 SUTHERLAND SQUARE |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 12 Mar 2013. Using an estimated price of £950,174 means this house is valued at £6,169 per sq meter (£573 per sq foot).
The average size of a house on SUTHERLAND SQUARE is 115 sq meters (1,242 sq feet).