£634,996
This estimated value is based upon the latest sale price for the house of £448,000 on 26 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 High Street, South Norwood, SE25 6EP
Phone: 02036415007
Price Paid | Date |
---|---|
£448,000 | 26 Oct 2015 |
Terraced |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £448,000 results in an estimated price of approximately £634,996.
26 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £448,000 | £186,996 | £634,996 |
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 | 46.542 % | £208,506 | £656,506 |
3 Month Average | 38.114 % | £170,750 | £618,750 |
6 Month Average | 36.927 % | £165,432 | £613,432 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2024 | £525,000 | £525,000 | 1 ELM PARK ROAD |
2 Oct 2023 | £542,317 | £530,000 | 34 NUGENT ROAD |
20 Sep 2023 | £273,530 | £267,500 | 4 BROSTER GARDENS |
1 Sep 2023 | £490,820 | £480,000 | 5 ELM PARK ROAD |
26 Jun 2023 | £510,225 | £500,000 | 8 DIXON ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 14 Apr 2016. Using an estimated price of £634,996 means this house is valued at £5,247 per sq meter (£487 per sq foot).
The average size of a house on ELM PARK ROAD is 108 sq meters (1,171 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Elm Park Road | |
Aug 2024 | Anti-social behaviour | On or near Elm Park Road | |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm Park Road |
Aug 2024 | Anti-social behaviour | On or near Elm Park Road | |
Aug 2024 | Anti-social behaviour | On or near Elm Park Road |