£224,790
This estimated value is based upon the latest sale price for the house of £177,000 on 17 Nov 2017. 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 |
---|---|
£177,000 | 17 Nov 2017 |
£74,950 | 24 Jun 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 397 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 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £177,000 results in an estimated price of approximately £224,790.
17 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 149.7 | 27.000 % | £177,000 | £47,790 | £224,790 |
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 | 20.530 % | £36,337 | £213,337 |
3 Month Average | 20.125 % | £35,620 | £212,620 |
6 Month Average | 12.735 % | £22,540 | £199,540 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Aug 2024 | £359,500 | £359,500 | FLAT B, 1 WERNDEE ROAD |
17 Jan 2023 | £275,737 | £275,000 | FLAT 12 143 - 145 PORTLAND ROAD |
6 Jan 2023 | £315,844 | £315,000 | FLAT 12 114 PORTLAND ROAD |
20 Sep 2022 | £314,790 | £315,000 | FLAT 15 143 - 145 PORTLAND ROAD |
22 Jul 2022 | £420,261 | £416,050 | 1A WERNDEE ROAD |
This house has a floor area of 36 sq meters or 397 sq feet when measured on 17 Jun 2010. Using an estimated price of £224,790 means this house is valued at £6,086 per sq meter (£565 per sq foot).
The average size of a house on PORTLAND ROAD is 71 sq meters (766 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Under investigation | On or near Petrol Station |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
Sep 2024 | Shoplifting | Under investigation | On or near Petrol Station |