£874,521
This estimated value is based upon the latest sale price for the house of £280,000 on 14 Jan 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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506-508 Brixton Road, London, SW9 8EN
Phone: 02077680388
Price Paid | Date |
---|---|
£280,000 | 14 Jan 2002 |
£230,000 | 23 Nov 2001 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 918 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 2002 the House Price Index for GREATER LONDON was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £280,000 results in an estimated price of approximately £874,521.
14 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 148.6 | 212.329 % | £280,000 | £594,521 | £874,521 |
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 | 145.699 % | £407,958 | £687,958 |
3 Month Average | 168.213 % | £470,996 | £750,996 |
6 Month Average | 174.846 % | £489,569 | £769,569 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jan 2023 | £338,406 | £340,000 | FIRST FLOOR FLAT 23B BELLEFIELDS ROAD |
24 Aug 2022 | £438,819 | £440,000 | FLAT 1 62C PULROSS ROAD |
6 Jun 2022 | £431,092 | £425,000 | FLAT 3, 42 CHANTREY ROAD |
1 Apr 2022 | £669,369 | £650,000 | GROUND FLOOR FLAT 41 GATELEY ROAD |
25 Mar 2022 | £603,416 | £582,300 | FIRST AND SECOND FLOOR FLAT 6 BELLEFIELDS ROAD |
This house has a floor area of 85 sq meters or 918 sq feet when measured on 17 Aug 2011. Using an estimated price of £874,522 means this house is valued at £10,243 per sq meter (£951 per sq foot).
The average size of a house on GATELEY ROAD is 127 sq meters (1,367 sq feet).