£529,575
This estimated value is based upon the latest sale price for the house of £425,000 on 21 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1341 London Road, Norbury, SW16 4BE
Phone: 02035519840
| Price Paid | Date |
|---|---|
| £425,000 | 21 Aug 2018 |
| £365,000 | 12 Jun 2015 |
| £180,000 | 18 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £425,000 results in an estimated price of approximately £529,575.
| 21 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £425,000 | £104,575 | £529,575 |
The Postcode Pricing Model uses changes in average sales price within the SW16 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 | 21.004 % | £89,265 | £514,265 |
| 3 Month Average | 35.939 % | £152,740 | £577,740 |
| 6 Month Average | 32.751 % | £139,192 | £564,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £389,897 | £380,000 | 234 NORTHBOROUGH ROAD |
| 17 Nov 2023 | £397,593 | £387,500 | 264 NORTHBOROUGH ROAD |
| 17 Aug 2023 | £450,118 | £442,000 | 274 NORTHBOROUGH ROAD |
| 24 Feb 2023 | £384,569 | £382,000 | 8 NORTON GARDENS |
| 16 Feb 2023 | £296,984 | £295,000 | 38 ISHAM ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 30 Jun 2014. Using an estimated price of £529,576 means this house is valued at £7,156 per sq meter (£664 per sq foot).
The average size of a house on NORBURY COURT ROAD is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Elgar Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Elgar Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Elgar Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Elgar Avenue | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elgar Avenue |