£347,588
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 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £280,000 results in an estimated price of approximately £347,588.
29 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £280,000 | £67,588 | £347,588 |
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 | 6.868 % | £19,230 | £299,230 |
3 Month Average | 24.829 % | £69,521 | £349,521 |
6 Month Average | 14.041 % | £39,314 | £319,314 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jul 2024 | £145,000 | £145,000 | 287B PORTLAND ROAD |
26 Apr 2024 | £208,813 | £207,000 | 194A PORTLAND ROAD |
5 Mar 2024 | £314,837 | £310,000 | 95 DENMARK ROAD |
16 Nov 2023 | £738,753 | £720,000 | 206 PORTLAND ROAD |
22 Aug 2023 | £374,759 | £368,000 | FLAT 1 RIA APARTMENTS, 239 PORTLAND 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 £347,588 means this house is valued at £5,266 per sq meter (£489 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 | Vehicle crime | Under investigation | On or near Ferndale Road |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ferndale Road |
Aug 2024 | Drugs | Unable to prosecute suspect | On or near Ferndale Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ferndale Road |
Aug 2024 | Criminal damage and arson | Under investigation | On or near Ferndale Road |