£609,553
This estimated value is based upon the latest sale price for the house of £350,000 on 24 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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112C Brixton Hill, London, SW2 1AH
Phone: 02080338603
| Price Paid | Date |
|---|---|
| £350,000 | 24 Oct 2011 |
| £250,000 | 16 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 794 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 October 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £350,000 results in an estimated price of approximately £609,553.
| 24 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £350,000 | £259,553 | £609,553 |
The Postcode Pricing Model uses changes in average sales price within the SW2 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 | 82.392 % | £288,373 | £638,373 |
| 3 Month Average | 65.248 % | £228,369 | £578,369 |
| 6 Month Average | 59.019 % | £206,567 | £556,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £250,010 | £245,000 | 87 TUDOR CLOSE |
| 14 Oct 2022 | £797,337 | £800,000 | 15 SOMERS ROAD |
| 13 May 2022 | £236,152 | £230,000 | 66 TUDOR CLOSE |
| 22 Dec 2021 | £248,241 | £230,000 | 69 TUDOR CLOSE |
| 30 Jun 2021 | £686,350 | £635,000 | 30 ARCHBISHOPS PLACE |
This house has a floor area of 73 sq meters or 794 sq feet when measured on 15 Jun 2011. Using an estimated price of £609,553 means this house is valued at £8,253 per sq meter (£766 per sq foot).
The average size of a house on MERREDENE STREET is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Somers Road |