£385,399
This estimated value is based upon the latest sale price for the house of £315,000 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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295 Northborough Road, London, SW16 4TR
Phone: 02034630118
| Price Paid | Date |
|---|---|
| £315,000 | 7 Feb 2020 |
| £322,500 | 8 Aug 2014 |
| £234,995 | 6 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £315,000 results in an estimated price of approximately £385,399.
| 7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £315,000 | £70,399 | £385,399 |
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 | 35.955 % | £113,258 | £428,258 |
| 3 Month Average | 9.435 % | £29,720 | £344,720 |
| 6 Month Average | 12.691 % | £39,977 | £354,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £319,297 | £315,000 | FLAT 8 DAMSON HOUSE HEMLOCK CLOSE |
| 10 Jul 2023 | £304,093 | £300,000 | FLAT 20 DAMSON HOUSE HEMLOCK CLOSE |
| 26 Jun 2023 | £733,890 | £725,000 | 123 LONGTHORNTON ROAD |
| 19 Aug 2022 | £249,329 | £250,000 | FLAT 16 QUINCE HOUSE HEMLOCK CLOSE |
| 22 Jul 2022 | £350,945 | £350,000 | FLAT 7 DAMSON HOUSE HEMLOCK CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 22 May 2014. Using an estimated price of £385,399 means this house is valued at £7,271 per sq meter (£675 per sq foot).
The average size of a house on HEMLOCK CLOSE is 62 sq meters (669 sq feet).