£273,487
This estimated value is based upon the latest sale price for the house of £170,000 on 18 May 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Brixton Road, Stockwell, London, SW9 6BU
Phone: 02036410686
| Price Paid | Date |
|---|---|
| £170,000 | 18 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 May 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £170,000 results in an estimated price of approximately £273,487.
| 18 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £170,000 | £103,487 | £273,487 |
The Postcode Pricing Model uses changes in average sales price within the SW9 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 | 88.898 % | £151,126 | £321,126 |
| 3 Month Average | 115.505 % | £196,358 | £366,358 |
| 6 Month Average | 110.276 % | £187,469 | £357,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £464,266 | £450,000 | FLAT 21 MACARTNEY HOUSE GOSLING WAY |
| 8 Dec 2023 | £443,632 | £430,000 | FLAT 23 MACARTNEY HOUSE GOSLING WAY |
| 22 Sep 2023 | £363,002 | £355,000 | FLAT 17 KINGSGATE HOUSE GOSLING WAY |
| 31 Mar 2023 | £345,774 | £340,000 | FLAT 6 162 BRIXTON ROAD |
| 6 Jan 2023 | £426,139 | £425,000 | FLAT 10 ALVANLEY HOUSE GOSLING WAY |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 26 May 2021. Using an estimated price of £273,487 means this house is valued at £4,207 per sq meter (£390 per sq foot).
The average size of a house on GOSLING WAY is 69 sq meters (742 sq feet).