£593,003
This estimated value is based upon the latest sale price for the house of £475,000 on 31 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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124 Westmount Road, London, SE9 1UT
Phone: 02035446118
| Price Paid | Date |
|---|---|
| £475,000 | 31 Jul 2018 |
| £217,500 | 9 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £475,000 results in an estimated price of approximately £593,003.
| 31 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £475,000 | £118,003 | £593,003 |
The Postcode Pricing Model uses changes in average sales price within the SE9 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 | 6.296 % | £29,906 | £504,906 |
| 3 Month Average | 29.251 % | £138,940 | £613,940 |
| 6 Month Average | 28.981 % | £137,661 | £612,661 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £484,205 | £480,000 | 182 GRANGEHILL ROAD |
| 29 Nov 2023 | £564,325 | £550,000 | 247 WESTMOUNT ROAD |
| 20 Oct 2023 | £698,873 | £683,000 | 240 WESTMOUNT ROAD |
| 19 Oct 2023 | £562,782 | £550,000 | 231 GRANGEHILL ROAD |
| 8 Mar 2023 | £302,044 | £297,000 | 276 WESTMOUNT ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 8 Feb 2018. Using an estimated price of £593,004 means this house is valued at £7,144 per sq meter (£663 per sq foot).
The average size of a house on GRANGEHILL ROAD is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Grangehill Place | |
| Jul 2024 | Anti-social behaviour | On or near Grangehill Place | |
| Jul 2024 | Anti-social behaviour | On or near Grangehill Place | |
| Oct 2024 | Public order | Under investigation | On or near Garnett Close |
| Sep 2024 | Anti-social behaviour | On or near Garnett Close |