£548,168
This estimated value is based upon the latest sale price for the house of £331,500 on 19 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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3a Victoria House South Lambeth Road, Nine Elms, London, SW8 1QT
Phone: 02034637504
| Price Paid | Date |
|---|---|
| £331,500 | 19 Aug 2013 |
| £191,000 | 6 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £331,500 results in an estimated price of approximately £548,168.
| 19 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £331,500 | £216,668 | £548,168 |
The Postcode Pricing Model uses changes in average sales price within the SW8 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 | 41.808 % | £138,592 | £470,092 |
| 3 Month Average | 38.831 % | £128,724 | £460,224 |
| 6 Month Average | 49.306 % | £163,448 | £494,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £313,801 | £310,000 | FLAT 10 CHARMAN HOUSE HEMANS STREET |
| 16 Jun 2023 | £357,581 | £353,250 | FLAT 13 WEBB HOUSE HEMANS STREET |
| 28 Apr 2023 | £429,626 | £425,000 | FLAT 50 WEBB HOUSE HEMANS STREET |
| 21 Apr 2023 | £447,064 | £442,250 | FLAT 8 HODGSON APARTMENTS, 110 WANDSWORTH ROAD |
| 2 Sep 2022 | £515,834 | £520,000 | GROUND FLOOR FLAT 18 THORPARCH ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 3 Aug 2020. Using an estimated price of £548,169 means this house is valued at £7,720 per sq meter (£717 per sq foot).
The average size of a house on FOUNT STREET is 73 sq meters (789 sq feet).