£374,462
This estimated value is based upon the latest sale price for the house of £310,000 on 5 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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295 Northborough Road, London, SW16 4TR
Phone: 02034630118
Price Paid | Date |
---|---|
£310,000 | 5 Aug 2020 |
£175,000 | 28 Jan 2005 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £310,000 results in an estimated price of approximately £374,462.
5 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £310,000 | £64,462 | £374,462 |
The Postcode Pricing Model uses changes in average sales price within the CR4 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 | -38.463 % | £-119,233 | £190,766 |
3 Month Average | -8.632 % | £-26,757 | £283,242 |
6 Month Average | 3.516 % | £10,898 | £320,898 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £412,681 | £400,000 | 13 BRECON CLOSE |
12 Jan 2023 | £367,983 | £367,000 | 17 GLAMORGAN CLOSE |
12 Jul 2022 | £373,745 | £370,000 | 1 GLAMORGAN CLOSE |
23 Jun 2022 | £189,041 | £185,000 | 17 BRECON CLOSE |
24 Mar 2022 | £386,255 | £370,000 | 59 BRECON CLOSE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 11 May 2019. Using an estimated price of £374,462 means this house is valued at £3,600 per sq meter (£334 per sq foot).
The average size of a house on CAERNARVON CLOSE is 99 sq meters (1,068 sq feet).