£853,861
This estimated value is based upon the latest sale price for the house of £627,500 on 23 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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525 Garratt Lane, Earlsfield, SW18 4SR
Phone: 02081667289
Price Paid | Date |
---|---|
£627,500 | 23 Mar 2016 |
£360,000 | 23 Jul 2010 |
£143,000 | 20 Apr 2001 |
£99,999 | 9 Dec 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 633 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 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £627,500 results in an estimated price of approximately £853,861.
23 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £627,500 | £226,361 | £853,861 |
The Postcode Pricing Model uses changes in average sales price within the SW18 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 | 2.569 % | £16,118 | £643,618 |
3 Month Average | 8.424 % | £52,863 | £680,363 |
6 Month Average | 18.507 % | £116,134 | £743,634 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £1,493,930 | £1,460,000 | 83 TRANMERE ROAD |
3 Aug 2023 | £943,008 | £926,000 | 104A SWABY ROAD |
23 Jun 2023 | £594,412 | £582,500 | 85A TRANMERE ROAD |
31 Jan 2023 | £782,090 | £780,000 | 79A TRANMERE ROAD |
20 Oct 2022 | £782,387 | £785,000 | 73A TRANMERE ROAD |
This house has a floor area of 58 sq meters or 633 sq feet when measured on 17 Feb 2010. Using an estimated price of £853,862 means this house is valued at £14,514 per sq meter (£1,348 per sq foot).
The average size of a house on TRANMERE ROAD is 98 sq meters (1,060 sq feet).