£551,518
This estimated value is based upon the latest sale price for the house of £450,000 on 15 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Chelsea Bridge Wharf, 374 Queenstown Road, London, SW8 4NU
Phone: 02080339128
Price Paid | Date |
---|---|
£450,000 | 15 Aug 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £450,000 results in an estimated price of approximately £551,518.
15 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.0 | 22.560 % | £450,000 | £101,518 | £551,518 |
The Postcode Pricing Model uses changes in average sales price within the SW11 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 | -26.114 % | £-117,513 | £332,486 |
3 Month Average | -6.167 % | £-27,750 | £422,249 |
6 Month Average | 7.859 % | £35,365 | £485,365 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Aug 2023 | £825,017 | £820,000 | APARTMENT 69 CASCADE COURT, 1 SOPWITH WAY |
26 Nov 2021 | £754,003 | £700,000 | APARTMENT 117 CASCADE COURT, 1 SOPWITH WAY |
17 Jul 2020 | £361,296 | £300,000 | 24 BURNELLI BUILDING, 352 QUEENSTOWN ROAD |
9 Dec 2019 | £1,234,029 | £1,010,000 | 86 BURNELLI BUILDING, 352 QUEENSTOWN ROAD |
27 Aug 2019 | £156,876 | £128,000 | 44 BURNELLI BUILDING, 352 QUEENSTOWN ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 22 Nov 2018. Using an estimated price of £551,518 means this house is valued at £12,255 per sq meter (£1,138 per sq foot).
The average size of a house on QUEENSTOWN ROAD is 84 sq meters (910 sq feet).