£203,001
This estimated value is based upon the latest sale price for the house of £100,000 on 21 May 2004. 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 |
|---|---|
| £100,000 | 21 May 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 May 2004 the House Price Index for GREATER LONDON was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £100,000 results in an estimated price of approximately £203,001.
| 21 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £100,000 | £103,001 | £203,001 |
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 | 151.437 % | £151,436 | £251,436 |
| 3 Month Average | 153.452 % | £153,451 | £253,451 |
| 6 Month Average | 122.655 % | £122,655 | £222,655 |
| 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 |
| 28 Oct 2022 | £299,001 | £300,000 | FLAT 1 156 PORTLAND ROAD |
| 31 Aug 2022 | £447,091 | £445,000 | 20 DENMARK ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 14 Dec 2016. Using an estimated price of £203,002 means this house is valued at £4,720 per sq meter (£438 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 | Drugs | Investigation complete; no suspect identified | 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 | Anti-social behaviour | On or near Portland Road | |
| Sep 2024 | Anti-social behaviour | On or near Portland Road |