£1,298,001
This estimated value is based upon the latest sale price for the house of £230,000 on 8 Mar 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3a Victoria House South Lambeth Road, Nine Elms, London, SW8 1QT
Phone: 02034637504
| Price Paid | Date |
|---|---|
| £230,000 | 8 Mar 1996 |
| Terraced |
| Freehold |
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 March 1996 the House Price Index for GREATER LONDON was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 464.349%.Applying this 464.349% change to the original purchase price of £230,000 results in an estimated price of approximately £1,298,001.
| 8 Mar 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 464.349 % | £230,000 | £1,068,001 | £1,298,001 |
The Postcode Pricing Model uses changes in average sales price within the SW8 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 | 489.619 % | £1,126,124 | £1,356,124 |
| 3 Month Average | 472.835 % | £1,087,521 | £1,317,521 |
| 6 Month Average | 569.699 % | £1,310,307 | £1,540,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £725,188 | £712,500 | FLAT 5 1 LANSDOWNE GARDENS |
| 7 Jul 2023 | £643,663 | £635,000 | FLAT 3 28 GUILDFORD ROAD |
| 23 Feb 2023 | £1,498,991 | £1,500,000 | 41 LANSDOWNE GARDENS |
| 16 Jun 2022 | £1,785,229 | £1,760,000 | 22 LANSDOWNE GARDENS |
| 6 May 2022 | £1,630,727 | £1,600,000 | 54 THORNE ROAD |