£505,458
This estimated value is based upon the latest sale price for the house of £403,700 on 6 Dec 2017. 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 |
---|---|
£403,700 | 6 Dec 2017 |
£210,000 | 23 Sep 2011 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.206%.Applying this 25.206% change to the original purchase price of £403,700 results in an estimated price of approximately £505,458.
6 Dec 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.0 | 25.206 % | £403,700 | £101,758 | £505,458 |
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 | 34.906 % | £140,914 | £544,614 |
3 Month Average | 6.318 % | £25,504 | £429,204 |
6 Month Average | 2.184 % | £8,815 | £412,515 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £586,598 | £575,500 | 24 BROOKLYN ROAD |
14 Nov 2023 | £501,944 | £495,500 | 185 HARRINGTON ROAD |
9 Mar 2023 | £341,848 | £340,000 | 4 BROOKLYN ROAD |
20 Jan 2023 | £475,820 | £480,000 | 5 BROOKLYN ROAD |
5 Jan 2023 | £599,732 | £605,000 | 5 BROOKLYN GROVE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 30 Jun 2017. Using an estimated price of £505,459 means this house is valued at £5,809 per sq meter (£539 per sq foot).
The average size of a house on HARRINGTON ROAD is 82 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brooklyn Grove |