£232,265
This estimated value is based upon the latest sale price for the house of £156,000 on 27 Feb 2015. 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 |
|---|---|
| £156,000 | 27 Feb 2015 |
| £114,502 | 28 Oct 2004 |
| £71,000 | 2 Nov 2001 |
| £101,500 | 12 Sep 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £156,000 results in an estimated price of approximately £232,265.
| 27 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £156,000 | £76,265 | £232,265 |
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 | 59.298 % | £92,505 | £248,505 |
| 3 Month Average | 56.417 % | £88,010 | £244,010 |
| 6 Month Average | 46.032 % | £71,809 | £227,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jul 2024 | £145,000 | £145,000 | 287B PORTLAND ROAD |
| 15 Mar 2024 | £690,611 | £680,000 | 254 PORTLAND ROAD |
| 1 Sep 2023 | £700,441 | £685,000 | 270 PORTLAND ROAD |
| 28 Feb 2023 | £453,026 | £450,000 | 305 PORTLAND ROAD |
| 22 Jul 2022 | £374,755 | £371,000 | 284 PORTLAND ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 19 May 2014. Using an estimated price of £232,266 means this house is valued at £5,049 per sq meter (£469 per sq foot).
The average size of a house on PORTLAND ROAD is 71 sq meters (766 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Belmont Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Belmont Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Belmont Road |