£1,704,417
This estimated value is based upon the latest sale price for the house of £1,280,000 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
3a Victoria House South Lambeth Road, Nine Elms, London, SW8 1QT
Phone: 02034637504
| Price Paid | Date |
|---|---|
| £1,280,000 | 29 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £1,280,000 results in an estimated price of approximately £1,704,417.
| 29 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £1,280,000 | £424,417 | £1,704,417 |
The Postcode Pricing Model uses changes in average sales price within the SW8 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 | -4.424 % | £-56,621 | £1,223,378 |
| 3 Month Average | -11.314 % | £-144,824 | £1,135,175 |
| 6 Month Average | -3.452 % | £-44,189 | £1,235,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £406,011 | £400,000 | FLAT 29 MELCOMBE HOUSE DORSET ROAD |
| 30 Jun 2023 | £404,905 | £400,000 | FLAT 56 LULWORTH HOUSE DORSET ROAD |
| 27 Mar 2023 | £353,329 | £350,000 | FLAT 54 LULWORTH HOUSE DORSET ROAD |
| 1 Sep 2022 | £1,613,967 | £1,627,000 | 28 WILKINSON STREET |
| 31 May 2022 | £509,602 | £500,000 | FLAT A 14 ST STEPHENS TERRACE |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 29 Jan 2016. Using an estimated price of £1,704,417 means this house is valued at £11,139 per sq meter (£1,034 per sq foot).
The average size of a house on WILKINSON STREET is 173 sq meters (1,863 sq feet).