£566,961
This estimated value is based upon the latest sale price for the house of £400,000 on 29 Oct 2015. 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 |
---|---|
£400,000 | 29 Oct 2015 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 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 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £400,000 results in an estimated price of approximately £566,961.
29 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £400,000 | £166,961 | £566,961 |
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 | 14.791 % | £59,164 | £459,164 |
3 Month Average | 36.164 % | £144,657 | £544,657 |
6 Month Average | 37.961 % | £151,845 | £551,845 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2024 | £525,000 | £525,000 | 1 ELM PARK ROAD |
2 Oct 2023 | £542,317 | £530,000 | 34 NUGENT ROAD |
1 Sep 2023 | £490,820 | £480,000 | 5 ELM PARK ROAD |
14 Aug 2023 | £196,138 | £192,600 | FLAT 1 71 SOUTH NORWOOD HILL |
11 Aug 2023 | £677,214 | £665,000 | 1 NUGENT ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 2 Jun 2015. Using an estimated price of £566,961 means this house is valued at £5,613 per sq meter (£521 per sq foot).
The average size of a house on NUGENT ROAD is 119 sq meters (1,283 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Nugent Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Nugent Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nugent Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Nugent Road |
Sep 2024 | Other crime | Unable to prosecute suspect | On or near Nugent Road |