£343,641
This estimated value is based upon the latest sale price for the house of £280,000 on 29 Nov 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 |
|---|---|
| £280,000 | 29 Nov 2018 |
| £195,000 | 17 Jul 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £280,000 results in an estimated price of approximately £343,641.
| 29 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £280,000 | £63,641 | £343,641 |
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 | 7.996 % | £22,389 | £302,389 |
| 3 Month Average | 3.632 % | £10,170 | £290,170 |
| 6 Month Average | 2.192 % | £6,136 | £286,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £311,051 | £310,000 | 95 DENMARK ROAD |
| 16 Nov 2023 | £729,363 | £720,000 | 206 PORTLAND ROAD |
| 22 Aug 2023 | £370,252 | £368,000 | FLAT 1 RIA APARTMENTS, 239 PORTLAND ROAD |
| 30 Jun 2023 | £272,207 | £270,000 | FLAT 16 PORTLAND MANSIONS PORTLAND ROAD |
| 27 Jun 2023 | £516,689 | £512,500 | 71 FERNDALE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Jun 2020. Using an estimated price of £343,641 means this house is valued at £5,206 per sq meter (£483 per sq foot).
The average size of a house on PORTLAND ROAD is 71 sq meters (765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Ferndale Road |
| Apr 2024 | Bicycle theft | Under investigation | On or near Ferndale Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Ferndale Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Road |