£548,208
This estimated value is based upon the latest sale price for the house of £450,000 on 22 May 2020. 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 |
|---|---|
| £450,000 | 22 May 2020 |
| £160,000 | 17 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 May 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £450,000 results in an estimated price of approximately £548,208.
| 22 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £450,000 | £98,208 | £548,208 |
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 | 67.949 % | £305,771 | £755,771 |
| 3 Month Average | 13.540 % | £60,930 | £510,930 |
| 6 Month Average | -2.191 % | £-9,859 | £440,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £630,089 | £622,000 | 35 FALKLAND PARK AVENUE |
| 23 Jun 2023 | £534,332 | £530,000 | 12 FALKLAND PARK AVENUE |
| 26 Jan 2023 | £589,819 | £595,000 | 31 WHARNCLIFFE GARDENS |
| 18 Jul 2022 | £728,016 | £729,000 | 4 WHARNCLIFFE GARDENS |
| 27 Sep 2021 | £676,142 | £630,000 | 18 WHARNCLIFFE GARDENS |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 12 Apr 2019. Using an estimated price of £548,209 means this house is valued at £4,184 per sq meter (£388 per sq foot).
The average size of a house on WHARNCLIFFE GARDENS is 118 sq meters (1,273 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Wharncliffe Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Wharncliffe Gardens |
| Apr 2024 | Vehicle crime | Under investigation | On or near Falkland Park Avenue |
| Mar 2024 | Anti-social behaviour | On or near Falkland Park Avenue | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Falkland Park Avenue |