£255,149
This estimated value is based upon the latest sale price for the house of £205,000 on 4 Jun 2019. 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 |
|---|---|
| £205,000 | 4 Jun 2019 |
| £225,000 | 8 Mar 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £205,000 results in an estimated price of approximately £255,149.
| 4 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £205,000 | £50,149 | £255,149 |
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 | 16.422 % | £33,665 | £238,665 |
| 3 Month Average | -7.117 % | £-14,589 | £190,410 |
| 6 Month Average | 0.094 % | £192 | £205,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £286,000 | £286,000 | FLAT A 281 HOLMESDALE ROAD |
| 30 May 2024 | £457,500 | £457,500 | FLAT C 295 HOLMESDALE ROAD |
| 8 Apr 2024 | £322,803 | £320,000 | 241B HOLMESDALE ROAD |
| 17 Nov 2023 | £235,990 | £230,000 | FLAT 4 289 HOLMESDALE ROAD |
| 31 Aug 2023 | £239,316 | £235,000 | SECOND FLOOR FLAT 245 HOLMESDALE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 18 Feb 2019. Using an estimated price of £255,150 means this house is valued at £3,543 per sq meter (£329 per sq foot).
The average size of a house on HOLMESDALE ROAD is 66 sq meters (718 sq feet).