£393,515
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Mar 2014. 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 |
|---|---|
| £250,000 | 28 Mar 2014 |
| £189,000 | 7 Jul 2006 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 March 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £250,000 results in an estimated price of approximately £393,515.
| 28 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £250,000 | £143,515 | £393,515 |
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 | -15.810 % | £-39,525 | £210,474 |
| 3 Month Average | 29.635 % | £74,088 | £324,088 |
| 6 Month Average | 50.330 % | £125,824 | £375,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £501,411 | £495,000 | 18 AYLETT ROAD |
| 27 Jul 2023 | £506,821 | £500,000 | 21 AYLETT ROAD |
| 21 Jul 2023 | £248,342 | £245,000 | 18 WESTGATE ROAD |
| 12 Jul 2023 | £471,344 | £465,000 | 31 WESTGATE ROAD |
| 4 Jul 2022 | £586,228 | £584,650 | 112 HARRINGTON ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Jan 2014. Using an estimated price of £393,516 means this house is valued at £5,110 per sq meter (£474 per sq foot).
The average size of a house on WESTGATE ROAD is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Westgate Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Westgate Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albert Road |
| Jan 2024 | Other theft | Under investigation | On or near Albert Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aylett Road |