£535,495
This estimated value is based upon the latest sale price for the house of £320,000 on 3 May 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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245 Wimbledon Park Road, Southfields, SW18 5RJ
Phone: 02081667287
Price Paid | Date |
---|---|
£320,000 | 3 May 2013 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 May 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £320,000 results in an estimated price of approximately £535,495.
3 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.342 % | £320,000 | £215,495 | £535,495 |
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 | 57.866 % | £185,169 | £505,169 |
3 Month Average | 31.105 % | £99,536 | £419,536 |
6 Month Average | 38.461 % | £123,075 | £443,075 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2023 | £2,103,308 | £2,075,000 | 80 SKEENA HILL |
14 Jul 2023 | £238,206 | £235,000 | 6 BELL DRIVE |
23 Jun 2023 | £672,249 | £664,106 | 6 GEORGE WYVER CLOSE |
19 Jun 2023 | £617,480 | £610,000 | 7 GEORGE WYVER CLOSE |
30 Nov 2022 | £489,076 | £495,000 | 25 LINSTEAD WAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 Sep 2012. Using an estimated price of £535,495 means this house is valued at £6,299 per sq meter (£585 per sq foot).
The average size of a house on BELL DRIVE is 61 sq meters (661 sq feet).