£341,208
This estimated value is based upon the latest sale price for the house of £274,000 on 2 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Empire Mews, London, SW16 2BF
Phone: 02036410699
| Price Paid | Date |
|---|---|
| £274,000 | 2 May 2019 |
| £52,000 | 21 May 1996 |
| 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £274,000 results in an estimated price of approximately £341,208.
| 2 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £274,000 | £67,208 | £341,208 |
The Postcode Pricing Model uses changes in average sales price within the SW16 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 | 22.060 % | £60,444 | £334,444 |
| 3 Month Average | 32.177 % | £88,164 | £362,164 |
| 6 Month Average | 26.705 % | £73,172 | £347,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £324,986 | £315,000 | FLAT C 69 HOPTON ROAD |
| 27 Nov 2023 | £284,215 | £277,000 | FLAT 8 MERTON LODGE FARNAN ROAD |
| 6 Oct 2023 | £429,761 | £420,000 | FIRST FLOOR FLAT, 4 FARNAN ROAD |
| 18 Aug 2023 | £392,071 | £385,000 | FLAT 6 MERTON LODGE FARNAN ROAD |
| 1 Jun 2023 | £346,953 | £340,000 | FLAT 6 DEEPDENE COURT, 15 STREATHAM COMMON NORTH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Farnan Road |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Farnan Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farnan Road |
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Farnan Road |
| Oct 2024 | Anti-social behaviour | On or near Polworth Road |