£653,432
This estimated value is based upon the latest sale price for the house of £525,000 on 20 Jun 2019. 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 |
---|---|
£525,000 | 20 Jun 2019 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £525,000 results in an estimated price of approximately £653,432.
20 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £525,000 | £128,432 | £653,432 |
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 | -11.466 % | £-60,194 | £464,805 |
3 Month Average | 13.745 % | £72,158 | £597,158 |
6 Month Average | 11.468 % | £60,209 | £585,209 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £515,419 | £507,500 | 79 NORHYRST AVENUE |
20 Oct 2023 | £547,945 | £535,500 | 73 NORHYRST AVENUE |
17 Mar 2023 | £541,035 | £532,000 | 31 NORHYRST AVENUE |
18 Nov 2022 | £995,346 | £1,000,000 | 87 SOUTH NORWOOD HILL |
22 Dec 2021 | £334,585 | £310,000 | FLAT 5 WOODVALE COURT SOUTH NORWOOD HILL |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 13 Oct 2016. Using an estimated price of £653,432 means this house is valued at £5,994 per sq meter (£556 per sq foot).
The average size of a house on SOUTH NORWOOD HILL is 73 sq meters (795 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Norhyrst Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norhyrst Avenue |