£524,714
This estimated value is based upon the latest sale price for the house of £395,000 on 19 Sep 2016. 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 |
---|---|
£395,000 | 19 Sep 2016 |
Freehold |
Floor Area: 58 sq meters or 624 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 September 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £395,000 results in an estimated price of approximately £524,714.
19 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £395,000 | £129,714 | £524,714 |
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 | -7.165 % | £-28,300 | £366,699 |
3 Month Average | 8.546 % | £33,758 | £428,758 |
6 Month Average | 13.073 % | £51,638 | £446,638 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £371,500 | £367,000 | 19 WINSTANLEY ROAD |
14 Aug 2020 | £335,738 | £280,000 | FLAT 42 SPORLE COURT WINSTANLEY ESTATE |
28 Feb 2020 | £244,698 | £200,000 | 2 CARMICHAEL CLOSE |
8 Nov 2019 | £507,442 | £413,750 | 26 FOWLER CLOSE |
7 Jun 2019 | £20,591 | £16,666 | PARKING SPACE 47 21 PLOUGH ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 25 Feb 2015. Using an estimated price of £524,715 means this house is valued at £9,046 per sq meter (£840 per sq foot).
The average size of a house on WINSTANLEY ESTATE is 61 sq meters (661 sq feet).