£617,972
This estimated value is based upon the latest sale price for the house of £495,000 on 31 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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10 Hermitage Lane, Norbury, London, SW16 3LH
Phone: 02081667246
| Price Paid | Date |
|---|---|
| £495,000 | 31 Jul 2018 |
| £155,000 | 10 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 £495,000 results in an estimated price of approximately £617,972.
| 31 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £495,000 | £122,972 | £617,972 |
The Postcode Pricing Model uses changes in average sales price within the SW16 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 | 56.150 % | £277,942 | £772,942 |
| 3 Month Average | 35.463 % | £175,540 | £670,540 |
| 6 Month Average | 38.063 % | £188,413 | £683,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £580,848 | £563,000 | 191A GREEN LANE |
| 27 Mar 2023 | £732,228 | £720,000 | 17 GIBSONS HILL |
| 27 Jan 2023 | £862,304 | £860,000 | 224 GREEN LANE |
| 20 Jan 2023 | £551,474 | £550,000 | 190 GREEN LANE |
| 7 Jun 2022 | £735,727 | £720,000 | 172 GREEN LANE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 18 Aug 2017. Using an estimated price of £617,972 means this house is valued at £5,775 per sq meter (£536 per sq foot).
The average size of a house on GREEN LANE is 123 sq meters (1,333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Green Lane |
| Aug 2024 | Anti-social behaviour | On or near Green Lane | |
| Aug 2024 | Anti-social behaviour | On or near Green Lane | |
| Aug 2024 | Anti-social behaviour | On or near Green Lane | |
| Aug 2024 | Anti-social behaviour | On or near Green Lane |