£546,008
This estimated value is based upon the latest sale price for the house of £450,000 on 2 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Strata Pavillion, 4 Walworth Road, London, SE1 6EB
Phone: 02036417282
| Price Paid | Date |
|---|---|
| £450,000 | 2 Mar 2020 |
| £355,000 | 6 Aug 2010 |
| Flats/Maisonettes |
| Leasehold |
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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £450,000 results in an estimated price of approximately £546,008.
| 2 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £450,000 | £96,008 | £546,008 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | 25.900 % | £116,549 | £566,549 |
| 3 Month Average | -28.117 % | £-126,526 | £323,473 |
| 6 Month Average | -27.041 % | £-121,686 | £328,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £456,968 | £453,000 | APARTMENT 2302 8 WALWORTH ROAD |
| 1 Dec 2023 | £619,021 | £600,000 | APARTMENT 2508 8 WALWORTH ROAD |
| 1 Nov 2023 | £461,720 | £450,000 | APARTMENT 3109 8 WALWORTH ROAD |
| 22 Dec 2021 | £550,447 | £510,000 | APARTMENT 3309 8 WALWORTH ROAD |
| 18 Aug 2021 | £561,937 | £500,000 | APARTMENT 3409 8 WALWORTH ROAD |