£586,423
This estimated value is based upon the latest sale price for the house of £259,950 on 22 Oct 2003. 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 |
|---|---|
| £259,950 | 22 Oct 2003 |
| £100,000 | 30 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 200 sq meters or 2,152 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 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £259,950 results in an estimated price of approximately £586,423.
| 22 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £259,950 | £326,473 | £586,423 |
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 | 141.292 % | £367,288 | £627,238 |
| 3 Month Average | 158.029 % | £410,797 | £670,747 |
| 6 Month Average | 132.865 % | £345,383 | £605,333 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £312,806 | £308,000 | 207 PORTLAND ROAD |
| 20 Oct 2023 | £324,367 | £317,000 | FIRST FLOOR FLAT 116 PORTLAND ROAD |
| 19 Jun 2023 | £183,681 | £180,000 | 1A MARKET PARADE |
| 10 Jan 2023 | £451,206 | £450,000 | 159 PORTLAND ROAD |
| 1 Jun 2022 | £229,915 | £225,000 | FLAT 19 143 - 145 PORTLAND ROAD |
This house has a floor area of 200 sq meters or 2,152 sq feet when measured on 20 Mar 2020. Using an estimated price of £586,424 means this house is valued at £2,932 per sq meter (£272 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 | Anti-social behaviour | On or near Portland Road | |
| Sep 2024 | Anti-social behaviour | On or near Portland Road | |
| Sep 2024 | Anti-social behaviour | On or near Portland Road | |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Portland Road |
| Sep 2024 | Anti-social behaviour | On or near Portland Road |