£246,337
This estimated value is based upon the latest sale price for the house of £200,000 on 15 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3a Victoria House South Lambeth Road, Nine Elms, London, SW8 1QT
Phone: 02034637504
| Price Paid | Date |
|---|---|
| £200,000 | 15 Apr 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £200,000 results in an estimated price of approximately £246,337.
| 15 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £200,000 | £46,337 | £246,337 |
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 | -14.105 % | £-28,210 | £171,789 |
| 3 Month Average | 32.249 % | £64,497 | £264,497 |
| 6 Month Average | 4.682 % | £9,363 | £209,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £745,572 | £736,000 | 21 WALTON CLOSE |
| 15 Nov 2023 | £754,689 | £745,000 | 16 WALTON CLOSE |
| 7 Jul 2023 | £721,828 | £715,000 | 29 WALTON CLOSE |
| 27 Jun 2023 | £40,327 | £40,000 | 5A-6A VICTORIA HOUSE SOUTH LAMBETH ROAD |
| 22 Jun 2023 | £594,823 | £590,000 | 160A OLD SOUTH LAMBETH ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 18 Feb 2019. Using an estimated price of £246,337 means this house is valued at £5,241 per sq meter (£486 per sq foot).
The average size of a house on WILCOX CLOSE is 80 sq meters (862 sq feet).