£358,324
This estimated value is based upon the latest sale price for the house of £315,000 on 27 Apr 2021. 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 |
---|---|
£315,000 | 27 Apr 2021 |
£315,000 | 3 Mar 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 April 2021 the House Price Index for GREATER LONDON was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £315,000 results in an estimated price of approximately £358,324.
27 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 149.7 | 13.754 % | £315,000 | £43,324 | £358,324 |
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 | 0.586 % | £1,844 | £316,844 |
3 Month Average | 2.307 % | £7,267 | £322,267 |
6 Month Average | 6.230 % | £19,624 | £334,624 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £1,079,079 | £1,062,500 | 68 BRAXTED PARK |
20 Dec 2023 | £887,264 | £860,000 | 19 HEYBRIDGE AVENUE |
5 Oct 2023 | £1,412,071 | £1,380,000 | 53 BRAXTED PARK |
19 Apr 2023 | £458,577 | £450,000 | FLAT 2 16 COPLEY PARK |
13 Mar 2023 | £559,341 | £550,000 | 66 BRAXTED PARK |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 28 Apr 2015. Using an estimated price of £358,324 means this house is valued at £9,429 per sq meter (£876 per sq foot).
The average size of a house on BRAXTED PARK is 159 sq meters (1,721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heybridge Avenue |
Oct 2024 | Burglary | Under investigation | On or near Fontaine Road |
Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Fontaine Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Fontaine Road |
Sep 2024 | Anti-social behaviour | On or near Fontaine Road |