£394,738
This estimated value is based upon the latest sale price for the house of £215,000 on 21 Oct 2005. 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 |
|---|---|
| £215,000 | 21 Oct 2005 |
| £150,000 | 26 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 863 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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £215,000 results in an estimated price of approximately £394,738.
| 21 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £215,000 | £179,738 | £394,738 |
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 | 136.742 % | £293,995 | £508,995 |
| 3 Month Average | 137.861 % | £296,400 | £511,400 |
| 6 Month Average | 113.962 % | £245,017 | £460,017 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 17 Nov 2022 | £308,557 | £310,000 | FLAT 2 RIA APARTMENTS, 239 PORTLAND ROAD |
| 28 Oct 2022 | £299,001 | £300,000 | FLAT 1 156 PORTLAND ROAD |
This house has a floor area of 80 sq meters or 863 sq feet when measured on 12 Dec 2008. Using an estimated price of £394,739 means this house is valued at £4,921 per sq meter (£457 per sq foot).
The average size of a house on DENMARK ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Denmark Road |