£735,515
This estimated value is based upon the latest sale price for the house of £475,000 on 16 Jun 2014. 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 |
---|---|
£475,000 | 16 Jun 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 102 sq meters or 1,097 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £475,000 results in an estimated price of approximately £735,515.
16 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £475,000 | £260,515 | £735,515 |
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 | -17.570 % | £-83,456 | £391,543 |
3 Month Average | 16.790 % | £79,754 | £554,754 |
6 Month Average | 21.960 % | £104,309 | £579,309 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £338,595 | £330,000 | FIRST FLOOR FLAT 414 GARRATT LANE |
1 Nov 2023 | £415,548 | £405,000 | 2 SMITHS YARD |
13 Oct 2023 | £598,595 | £585,000 | 19A SMITHS YARD |
13 Oct 2023 | £373,483 | £365,000 | 19B SMITHS YARD |
12 Oct 2023 | £383,715 | £375,000 | FLAT A 537 GARRATT LANE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 20 Feb 2013. Using an estimated price of £735,515 means this house is valued at £7,210 per sq meter (£669 per sq foot).
The average size of a house on SMITHS YARD is 59 sq meters (644 sq feet).
This house is the largest in the street with a floor area of 102 sq meters (1,097 sq feet).