£417,451
This estimated value is based upon the latest sale price for the house of £348,000 on 4 Mar 2020. 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 |
|---|---|
| £348,000 | 4 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £348,000 results in an estimated price of approximately £417,451.
| 4 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £348,000 | £69,451 | £417,451 |
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 | 50.637 % | £176,215 | £524,215 |
| 3 Month Average | 14.082 % | £49,006 | £397,006 |
| 6 Month Average | 13.330 % | £46,388 | £394,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £376,271 | £375,000 | FLAT 8 SUSSEX COURT, 668 STREATHAM HIGH ROAD |
| 16 Aug 2023 | £251,530 | £250,000 | 662A STREATHAM HIGH ROAD |
| 8 Aug 2023 | £251,530 | £250,000 | 312A GREEN LANE |
| 17 Mar 2023 | £351,902 | £350,000 | 628B STREATHAM HIGH ROAD |
| 27 Feb 2023 | £308,541 | £310,000 | 628A STREATHAM HIGH ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 20 Nov 2018. Using an estimated price of £417,452 means this house is valued at £8,027 per sq meter (£745 per sq foot).
The average size of a house on GREEN LANE is 123 sq meters (1,333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near St Leonard'S Walk | |
| Mar 2024 | Anti-social behaviour | On or near St Leonard'S Walk | |
| Mar 2024 | Drugs | Under investigation | On or near St Leonard'S Walk |
| Feb 2024 | Anti-social behaviour | On or near St Leonard'S Walk | |
| Jan 2024 | Anti-social behaviour | On or near St Leonard'S Walk |