£463,534
This estimated value is based upon the latest sale price for the house of £372,000 on 3 Aug 2018. 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 |
|---|---|
| £372,000 | 3 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £372,000 results in an estimated price of approximately £463,534.
| 3 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £372,000 | £91,534 | £463,534 |
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 | 10.013 % | £37,247 | £409,247 |
| 3 Month Average | -2.554 % | £-9,500 | £362,499 |
| 6 Month Average | 4.269 % | £15,879 | £387,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £393,416 | £390,000 | 25 BELMONT ROAD |
| 8 Dec 2023 | £345,620 | £335,000 | 50 GRASMERE ROAD |
| 20 Apr 2023 | £446,349 | £438,000 | 82 BELMONT ROAD |
| 15 Jul 2022 | £305,057 | £302,000 | FLAT 1 19 GRASMERE ROAD |
| 31 May 2022 | £508,241 | £495,000 | 1A GRASMERE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 31 Mar 2015. Using an estimated price of £463,534 means this house is valued at £6,180 per sq meter (£574 per sq foot).
The average size of a house on GRASMERE ROAD is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Grasmere Road | |
| Apr 2024 | Anti-social behaviour | On or near Grasmere Road | |
| Apr 2024 | Public order | Under investigation | On or near Grasmere Road |
| Apr 2024 | Anti-social behaviour | On or near Grasmere Road | |
| Apr 2024 | Anti-social behaviour | On or near Grasmere Road |