£422,093
This estimated value is based upon the latest sale price for the house of £395,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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390-392 Garratt Lane, London, SW18 4HP
Phone: 02035442580
| Price Paid | Date |
|---|---|
| £395,000 | 18 Jun 2021 |
| £205,000 | 28 Jul 2006 |
| £75,000 | 3 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £395,000 results in an estimated price of approximately £422,093.
| 18 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £395,000 | £27,093 | £422,093 |
The Postcode Pricing Model uses changes in average sales price within the SW18 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 | 30.186 % | £119,236 | £514,236 |
| 3 Month Average | -3.681 % | £-14,538 | £380,461 |
| 6 Month Average | 14.459 % | £57,111 | £452,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £334,292 | £330,000 | FIRST FLOOR FLAT 414 GARRATT LANE |
| 1 Nov 2023 | £410,267 | £405,000 | 2 SMITHS YARD |
| 23 Jan 2023 | £446,082 | £450,000 | SECOND FLOOR FLAT AND LOFT 412 GARRATT LANE |
| 1 Jul 2022 | £349,528 | £350,000 | FLAT D 422 GARRATT LANE |
| 24 Jun 2022 | £1,421,592 | £1,407,184 | 7 SKELBROOK STREET |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 6 Aug 2020. Using an estimated price of £422,094 means this house is valued at £10,822 per sq meter (£1,005 per sq foot).
The average size of a house on SMITHS YARD is 59 sq meters (644 sq feet).