£397,873
This estimated value is based upon the latest sale price for the house of £232,000 on 1 Nov 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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157 Portland Road, South Norwood, SE25 4UX
Phone: 02036412317
| Price Paid | Date |
|---|---|
| £232,000 | 1 Nov 2010 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,157 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 November 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £232,000 results in an estimated price of approximately £397,873.
| 1 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £232,000 | £165,873 | £397,873 |
The Postcode Pricing Model uses changes in average sales price within the SE25 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 | 135.813 % | £315,086 | £547,086 |
| 3 Month Average | 79.445 % | £184,312 | £416,312 |
| 6 Month Average | 71.425 % | £165,706 | £397,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £730,820 | £720,000 | 206 PORTLAND ROAD |
| 1 Sep 2023 | £693,872 | £685,000 | 270 PORTLAND ROAD |
| 30 Jun 2023 | £273,311 | £270,000 | FLAT 16 PORTLAND MANSIONS PORTLAND ROAD |
| 27 Jun 2023 | £518,784 | £512,500 | 71 FERNDALE ROAD |
| 28 Feb 2023 | £449,697 | £450,000 | 305 PORTLAND ROAD |
This house has a floor area of 107 sq meters or 1,157 sq feet when measured on 12 May 2010. Using an estimated price of £397,874 means this house is valued at £3,700 per sq meter (£343 per sq foot).
The average size of a house on PORTLAND ROAD is 71 sq meters (765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Dundee Road | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Dundee Road |
| Jan 2024 | Anti-social behaviour | On or near Dundee Road | |
| Jan 2024 | Anti-social behaviour | On or near Dundee Road | |
| Jan 2024 | Burglary | Under investigation | On or near Ferndale Road |