£284,290
This estimated value is based upon the latest sale price for the house of £230,000 on 13 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Samuel Johnson close, Valley road, Streatham, SW16 2TB
Phone: 02080339479
Price Paid | Date |
---|---|
£230,000 | 13 Sep 2019 |
£134,000 | 9 Sep 2005 |
£72,000 | 24 Jan 2000 |
£51,000 | 26 Jun 1998 |
£37,000 | 26 Jul 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 September 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £230,000 results in an estimated price of approximately £284,290.
13 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £230,000 | £54,290 | £284,290 |
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 | 7.197 % | £16,553 | £246,553 |
3 Month Average | 18.371 % | £42,253 | £272,253 |
6 Month Average | 16.790 % | £38,618 | £268,618 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £309,511 | £300,000 | FLAT 6 1 MILFORD MEWS |
27 Jan 2023 | £628,680 | £627,000 | 62 VALLEY ROAD |
30 Sep 2022 | £269,820 | £270,000 | FLAT 4 2 MILFORD MEWS |
23 Sep 2022 | £619,586 | £620,000 | 40 VALLEY ROAD |
23 Aug 2022 | £361,691 | £360,000 | FLAT 18 WILLOW COURT, 2 LEITHCOTE PATH |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 19 Jun 2019. Using an estimated price of £284,291 means this house is valued at £6,768 per sq meter (£628 per sq foot).
The average size of a house on MILFORD MEWS is 55 sq meters (600 sq feet).