£358,851
This estimated value is based upon the latest sale price for the house of £300,000 on 30 Sep 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 |
|---|---|
| £300,000 | 30 Sep 2020 |
| £161,000 | 27 Sep 2013 |
| £117,500 | 2 May 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £300,000 results in an estimated price of approximately £358,851.
| 30 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £300,000 | £58,851 | £358,851 |
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 | 24.051 % | £72,152 | £372,152 |
| 3 Month Average | -9.131 % | £-27,392 | £272,607 |
| 6 Month Average | -6.566 % | £-19,698 | £280,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £409,016 | £400,000 | 6 ALFRED ROAD |
| 6 Jan 2023 | £315,844 | £315,000 | FLAT 12 114 PORTLAND ROAD |
| 25 Nov 2022 | £471,794 | £474,000 | 10A ALFRED ROAD |
| 29 Jul 2022 | £444,453 | £440,000 | 6A ALFRED ROAD |
| 22 Jul 2022 | £420,261 | £416,050 | 1A WERNDEE ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 27 Jun 2012. Using an estimated price of £358,851 means this house is valued at £7,177 per sq meter (£666 per sq foot).
The average size of a house on WERNDEE ROAD is 79 sq meters (857 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Werndee Road |