£593,324
This estimated value is based upon the latest sale price for the house of £350,000 on 31 Jan 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Palace View, 131 Lambeth Road, London, SE1 7JN
Phone: 02077681152
| Price Paid | Date |
|---|---|
| £350,000 | 31 Jan 2013 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2013 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £350,000 results in an estimated price of approximately £593,324.
| 31 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £350,000 | £243,324 | £593,324 |
The Postcode Pricing Model uses changes in average sales price within the SE11 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 | -27.048 % | £-94,666 | £255,333 |
| 3 Month Average | 26.356 % | £92,245 | £442,245 |
| 6 Month Average | 31.552 % | £110,432 | £460,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £329,434 | £325,000 | 79 NEWPORT STREET |
| 10 Mar 2023 | £4,138,995 | £4,100,000 | 49 - 51 BLACK PRINCE ROAD |
| 4 Feb 2022 | £9,145,863 | £8,721,189 | THE ROASTERY 30-34 OLD PARADISE STREET |
| 25 Oct 2021 | £774,535 | £700,000 | 224 LAMBETH WALK |
| 23 Sep 2021 | £835,134 | £775,000 | 1 LILAC PLACE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 14 Jan 2013. Using an estimated price of £593,325 means this house is valued at £4,746 per sq meter (£440 per sq foot).
The average size of a house on LAMBETH WALK is 72 sq meters (776 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Newport Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Newport Street |
| Dec 2023 | Anti-social behaviour | On or near Newport Street | |
| Dec 2023 | Anti-social behaviour | On or near Newport Street | |
| Dec 2023 | Anti-social behaviour | On or near Newport Street |