£439,016
This estimated value is based upon the latest sale price for the house of £355,000 on 28 Apr 2020. 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 |
|---|---|
| £355,000 | 28 Apr 2020 |
| 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 April 2020 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £355,000 results in an estimated price of approximately £439,016.
| 28 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £355,000 | £84,016 | £439,016 |
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 | 2.842 % | £10,087 | £365,087 |
| 3 Month Average | 22.020 % | £78,172 | £433,172 |
| 6 Month Average | 11.779 % | £41,815 | £396,815 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £427,125 | £414,000 | 20 SANDOWN ROAD |
| 4 Dec 2023 | £495,217 | £480,000 | 89 SANDOWN ROAD |
| 27 Nov 2023 | £425,809 | £415,000 | 73 FERNDALE ROAD |
| 27 Sep 2023 | £230,072 | £225,000 | 2A OAKLEY ROAD |
| 22 Sep 2023 | £493,887 | £483,000 | 50 OAKLEY ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 Jun 2019. Using an estimated price of £439,016 means this house is valued at £5,932 per sq meter (£551 per sq foot).
The average size of a house on OAKLEY ROAD is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oakley Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oakley Road |
| Oct 2024 | Drugs | Under investigation | On or near Oakley Road |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Oakley Road |
| Sep 2024 | Anti-social behaviour | On or near Oakley Road |