£472,340
This estimated value is based upon the latest sale price for the house of £480,000 on 18 Nov 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Brixton Road, Stockwell, London, SW9 6BU
Phone: 02036410686
| Price Paid | Date |
|---|---|
| £480,000 | 18 Nov 2022 |
| £80,000 | 9 Mar 1998 |
| 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 November 2022 the House Price Index for GREATER LONDON was 150.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.596%.Applying this -1.596% change to the original purchase price of £480,000 results in an estimated price of approximately £472,340.
| 18 Nov 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.0 | -1.596 % | £480,000 | £-7,659 | £472,340 |
The Postcode Pricing Model uses changes in average sales price within the SW9 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 | -22.354 % | £-107,299 | £372,700 |
| 3 Month Average | -18.942 % | £-90,923 | £389,076 |
| 6 Month Average | -11.525 % | £-55,321 | £424,678 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £495,684 | £492,000 | BASEMENT FLAT 36 OFFLEY ROAD |
| 18 Nov 2022 | £472,340 | £480,000 | FLAT 2 41 OFFLEY ROAD |
| 2 Nov 2022 | £275,532 | £280,000 | 11 OFFLEY ROAD |
| 24 Oct 2022 | £714,381 | £725,000 | FLAT 2 64 OFFLEY ROAD |
| 29 Jul 2022 | £434,413 | £435,000 | 10A OFFLEY ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 5 Feb 2020. Using an estimated price of £472,340 means this house is valued at £9,083 per sq meter (£843 per sq foot).
The average size of a house on OFFLEY ROAD is 83 sq meters (904 sq feet).