£422,246
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 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £348,000 results in an estimated price of approximately £422,246.
| 4 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £348,000 | £74,246 | £422,246 |
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 | 32.603 % | £113,459 | £461,459 |
| 3 Month Average | 19.399 % | £67,508 | £415,508 |
| 6 Month Average | 17.798 % | £61,937 | £409,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £380,851 | £375,000 | FLAT 8 SUSSEX COURT, 668 STREATHAM HIGH ROAD |
| 18 Dec 2023 | £324,986 | £315,000 | FLAT 21 WILLIAM COURT, 351 GREEN LANE |
| 16 Aug 2023 | £254,592 | £250,000 | 662A STREATHAM HIGH ROAD |
| 8 Aug 2023 | £254,592 | £250,000 | 312A GREEN LANE |
| 22 Mar 2023 | £432,217 | £424,999 | 12A HEATHDENE 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 £422,247 means this house is valued at £8,120 per sq meter (£754 per sq foot).
The average size of a house on GREEN LANE is 123 sq meters (1,333 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near St Leonard'S Walk |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Leonard'S Walk |
| Nov 2024 | Anti-social behaviour | On or near St Leonard'S Walk | |
| Oct 2024 | Anti-social behaviour | On or near St Leonard'S Walk | |
| Oct 2024 | Anti-social behaviour | On or near St Leonard'S Walk |