£650,054
This estimated value is based upon the latest sale price for the house of £500,000 on 13 Feb 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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122 Orbis Wharf, Bridges Court Road, London, SW11 3GX
Phone: 02036414506
Price Paid | Date |
---|---|
£500,000 | 13 Feb 2017 |
Flats/Maisonettes |
Leasehold |
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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £500,000 results in an estimated price of approximately £650,054.
13 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £500,000 | £150,054 | £650,054 |
The Postcode Pricing Model uses changes in average sales price within the SW11 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 | -24.421 % | £-122,105 | £377,894 |
3 Month Average | -4.002 % | £-20,007 | £479,992 |
6 Month Average | 6.194 % | £30,968 | £530,968 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £471,988 | £465,000 | 55 WALLIS CLOSE |
8 Sep 2023 | £455,828 | £450,000 | 34 BENHAM CLOSE |
1 Sep 2023 | £364,835 | £360,170 | 3 WALLIS CLOSE |
30 Jun 2023 | £116,410 | £115,000 | FLAT 6 21 PLOUGH ROAD |
23 Jun 2023 | £531,437 | £525,000 | 118A PLOUGH ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 18 Aug 2016. Using an estimated price of £650,055 means this house is valued at £7,647 per sq meter (£710 per sq foot).
The average size of a house on WALLIS CLOSE is 73 sq meters (788 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Wallis Close | |
Dec 2023 | Anti-social behaviour | On or near Wallis Close |