£361,765
This estimated value is based upon the latest sale price for the house of £295,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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56 Portland Road, London, SE25 4PQ
Phone: 02077680594
Price Paid | Date |
---|---|
£295,000 | 25 Oct 2019 |
£170,000 | 12 Feb 2008 |
£81,000 | 18 Feb 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £295,000 results in an estimated price of approximately £361,765.
25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £295,000 | £66,765 | £361,765 |
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 | 5.873 % | £17,325 | £312,325 |
3 Month Average | -3.606 % | £-10,636 | £284,363 |
6 Month Average | -5.980 % | £-17,639 | £277,360 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £326,839 | £322,000 | 10A BALFOUR ROAD |
8 Sep 2023 | £511,541 | £505,000 | TOP FLOOR 5 BALFOUR ROAD |
20 Jun 2023 | £283,433 | £280,000 | 11A CROWTHER ROAD |
13 Jun 2023 | £389,721 | £385,000 | 20 BALFOUR ROAD |
20 Jun 2022 | £523,397 | £516,000 | 5 CROWTHER ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 16 Jul 2018. Using an estimated price of £361,765 means this house is valued at £6,825 per sq meter (£634 per sq foot).
The average size of a house on BALFOUR ROAD is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Balfour Road |
Jan 2024 | Anti-social behaviour | On or near Balfour Road | |
Jan 2024 | Robbery | Under investigation | On or near Balfour Road |
Jan 2024 | Anti-social behaviour | On or near Balfour Road | |
Jan 2024 | Anti-social behaviour | On or near Balfour Road |