£511,062
This estimated value is based upon the latest sale price for the house of £91,600 on 6 Jan 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Acre Lane, Brixton, SW2 5SG
Phone: 02034638389
| Price Paid | Date |
|---|---|
| £91,600 | 6 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 January 1995 the House Price Index for GREATER LONDON was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.929%.Applying this 457.929% change to the original purchase price of £91,600 results in an estimated price of approximately £511,062.
| 6 Jan 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 457.929 % | £91,600 | £419,462 | £511,062 |
The Postcode Pricing Model uses changes in average sales price within the SW9 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 | 367.217 % | £336,370 | £427,970 |
| 3 Month Average | 535.812 % | £490,803 | £582,403 |
| 6 Month Average | 551.543 % | £505,213 | £596,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £627,287 | £618,000 | FLAT 9 GLASBURY HOUSE FERNDALE ROAD |
| 1 Sep 2023 | £430,504 | £425,000 | FLAT 24 EXBURY HOUSE FERNDALE ROAD |
| 22 Aug 2023 | £408,574 | £405,000 | FLAT 22 PAVILION MANSIONS, 10 BRIGHTON TERRACE |
| 12 Jul 2023 | £1,089,666 | £1,075,000 | 28 NURSERY ROAD |
| 29 Mar 2023 | £360,395 | £357,000 | FLAT 22 EXBURY HOUSE FERNDALE ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 21 Apr 2017. Using an estimated price of £511,063 means this house is valued at £6,084 per sq meter (£565 per sq foot).
The average size of a house on NURSERY ROAD is 99 sq meters (1,068 sq feet).