£562,119
This estimated value is based upon the latest sale price for the house of £505,000 on 24 Mar 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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122 Orbis Wharf, Bridges Court Road, London, SW11 3GX
Phone: 02036414506
| Price Paid | Date |
|---|---|
| £505,000 | 24 Mar 2021 |
| £381,000 | 18 Jan 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 March 2021 the House Price Index for GREATER LONDON was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £505,000 results in an estimated price of approximately £562,119.
| 24 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £505,000 | £57,119 | £562,119 |
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 | -19.199 % | £-96,954 | £408,045 |
| 3 Month Average | -14.312 % | £-72,277 | £432,722 |
| 6 Month Average | 12.859 % | £64,938 | £569,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £484,565 | £480,000 | FLAT 815 FALCON WHARF, 34 LOMBARD ROAD |
| 30 Jun 2021 | £517,149 | £482,000 | FLAT 509 FALCON WHARF, 34 LOMBARD ROAD |
| 24 Mar 2021 | £562,120 | £505,000 | FLAT 817 FALCON WHARF, 34 LOMBARD ROAD |
| 2 Dec 2020 | £545,164 | £475,000 | FLAT 1006 FALCON WHARF, 34 LOMBARD ROAD |
| 20 Jul 2020 | £592,509 | £490,000 | FLAT 508 FALCON WHARF, 34 LOMBARD ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 14 Jul 2016. Using an estimated price of £562,120 means this house is valued at £7,396 per sq meter (£687 per sq foot).
The average size of a house on LOMBARD ROAD is 85 sq meters (923 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Under investigation | On or near Lombard Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Lombard Road |