£556,016
This estimated value is based upon the latest sale price for the house of £355,000 on 12 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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344 Garratt Lane, Wandsworth, London, SW18 4EL
Phone: 02036414088
| Price Paid | Date |
|---|---|
| £355,000 | 12 Oct 2007 |
| £230,000 | 10 Aug 2005 |
| £212,500 | 29 Nov 2002 |
| £114,000 | 2 Jul 1998 |
| £70,000 | 12 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 October 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £355,000 results in an estimated price of approximately £556,016.
| 12 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £355,000 | £201,016 | £556,016 |
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 | 65.002 % | £230,758 | £585,758 |
| 3 Month Average | 69.904 % | £248,158 | £603,158 |
| 6 Month Average | 72.600 % | £257,730 | £612,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £821,349 | £800,500 | 6A CARGILL ROAD |
| 17 Nov 2023 | £651,539 | £635,000 | 28 CARGILL ROAD |
| 20 Sep 2023 | £1,319,078 | £1,290,000 | 40 ALGARVE ROAD |
| 2 Jun 2023 | £581,656 | £570,000 | 42A ALGARVE ROAD |
| 20 Jun 2022 | £1,226,212 | £1,200,000 | 15 CARGILL ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 4 Aug 2021. Using an estimated price of £556,016 means this house is valued at £12,087 per sq meter (£1,122 per sq foot).
The average size of a house on CARGILL ROAD is 78 sq meters (843 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).