£174,217
This estimated value is based upon the latest sale price for the house of £110,950 on 7 Jan 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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56 Portland Road, London, SE25 4PQ
Phone: 02077680594
Price Paid | Date |
---|---|
£110,950 | 7 Jan 2008 |
£70,000 | 14 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 23 sq meters or 252 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 January 2008 the House Price Index for GREATER LONDON was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £110,950 results in an estimated price of approximately £174,217.
7 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 149.7 | 57.023 % | £110,950 | £63,267 | £174,217 |
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 | 103.910 % | £115,287 | £226,237 |
3 Month Average | 59.596 % | £66,121 | £177,071 |
6 Month Average | 56.734 % | £62,946 | £173,896 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £475,615 | £461,000 | 91 CROWTHER ROAD |
10 Nov 2023 | £330,387 | £322,000 | 10A BALFOUR ROAD |
4 Oct 2023 | £523,438 | £511,550 | 120 CROWTHER ROAD |
23 Mar 2023 | £172,887 | £170,000 | 19 SHINNERS CLOSE |
17 Feb 2023 | £679,539 | £675,000 | 30 BALFOUR ROAD |
This house has a floor area of 23 sq meters or 252 sq feet when measured on 9 Oct 2008. Using an estimated price of £174,217 means this house is valued at £7,432 per sq meter (£690 per sq foot).
The average size of a house on SHINNERS CLOSE is 25 sq meters (270 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Shinners Close |
Apr 2024 | Anti-social behaviour | On or near Stanger Road | |
Apr 2024 | Anti-social behaviour | On or near Stanger Road | |
Apr 2024 | Anti-social behaviour | On or near Stanger Road | |
Apr 2024 | Anti-social behaviour | On or near Stanger Road |