£1,203,238
This estimated value is based upon the latest sale price for the house of £1,200,000 on 11 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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236 Railton Road, Herne Hill, SE24 0JT
Phone: 02080222681
| Price Paid | Date |
|---|---|
| £1,200,000 | 11 Jul 2022 |
| £350,000 | 17 Nov 2006 |
| £87,500 | 8 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,203,238.
| 11 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £1,200,000 | £3,238 | £1,203,238 |
The Postcode Pricing Model uses changes in average sales price within the SE24 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 | -6.655 % | £-79,860 | £1,120,139 |
| 3 Month Average | -22.663 % | £-271,961 | £928,038 |
| 6 Month Average | -17.771 % | £-213,246 | £986,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £1,936,057 | £1,910,000 | 19 GUBYON AVENUE |
| 20 Jul 2023 | £947,756 | £935,000 | 173 RAILTON ROAD |
| 26 Apr 2023 | £2,441,286 | £2,415,000 | 3 GUBYON AVENUE |
| 24 Feb 2023 | £877,410 | £878,000 | 6 ABBEY MANSION MEWS |
| 11 Aug 2022 | £698,121 | £700,000 | 19 OBORNE CLOSE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 10 Sep 2014. Using an estimated price of £1,203,239 means this house is valued at £9,255 per sq meter (£859 per sq foot).
The average size of a house on MILKWOOD ROAD is 98 sq meters (1,059 sq feet).