£456,715
This estimated value is based upon the latest sale price for the house of £443,500 on 11 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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390-392 Garratt Lane, London, SW18 4HP
Phone: 02035442580
Price Paid | Date |
---|---|
£443,500 | 11 Apr 2022 |
£449,950 | 3 Feb 2017 |
£316,111 | 15 Jun 2012 |
£262,500 | 28 Jul 2006 |
£227,500 | 7 Jan 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 733 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 April 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £443,500 results in an estimated price of approximately £456,715.
11 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £443,500 | £13,215 | £456,715 |
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 | 8.470 % | £37,566 | £481,066 |
3 Month Average | -3.334 % | £-14,786 | £428,713 |
6 Month Average | -3.849 % | £-17,070 | £426,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £334,959 | £330,000 | FIRST FLOOR FLAT 414 GARRATT LANE |
1 Nov 2023 | £411,086 | £405,000 | 2 SMITHS YARD |
22 Sep 2023 | £1,325,447 | £1,308,500 | 52 SUMMERLEY STREET |
23 Jan 2023 | £447,890 | £450,000 | SECOND FLOOR FLAT AND LOFT 412 GARRATT LANE |
1 Jul 2022 | £350,945 | £350,000 | FLAT D 422 GARRATT LANE |
This house has a floor area of 68 sq meters or 733 sq feet when measured on 24 Mar 2011. Using an estimated price of £456,716 means this house is valued at £6,702 per sq meter (£622 per sq foot).
The average size of a house on SMITHS YARD is 59 sq meters (644 sq feet).