£529,599
This estimated value is based upon the latest sale price for the house of £525,000 on 26 Apr 2024. 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 |
---|---|
£525,000 | 26 Apr 2024 |
£426,000 | 2 Dec 2016 |
£127,000 | 8 Dec 2000 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 April 2024 the House Price Index for GREATER LONDON was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £525,000 results in an estimated price of approximately £529,599.
26 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.4 | 149.7 | 0.876 % | £525,000 | £4,599 | £529,599 |
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 | -22.485 % | £-118,045 | £406,954 |
3 Month Average | 18.753 % | £98,455 | £623,455 |
6 Month Average | 12.438 % | £65,300 | £590,300 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £595,745 | £585,000 | 14 LINCOLN ROAD |
14 Aug 2023 | £560,102 | £550,000 | 31 HAMBROOK ROAD |
3 Mar 2023 | £559,341 | £550,000 | 12 CROMER ROAD |
26 Oct 2022 | £493,352 | £495,000 | 18 ADAIR CLOSE |
22 Jul 2022 | £454,555 | £450,000 | 2 HAMBROOK ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 6 Jul 2016.
The average size of a house on CROMER ROAD is 88 sq meters (953 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hambrook Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hambrook Road |
Aug 2024 | Anti-social behaviour | On or near Hambrook Road | |
Aug 2024 | Anti-social behaviour | On or near Hambrook Road | |
Aug 2024 | Anti-social behaviour | On or near Hambrook Road |