£161,796
This estimated value is based upon the latest sale price for the house of £49,000 on 11 Sep 2001. 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 |
|---|---|
| £49,000 | 11 Sep 2001 |
| 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 September 2001 the House Price Index for GREATER LONDON was 45.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 230.197%.Applying this 230.197% change to the original purchase price of £49,000 results in an estimated price of approximately £161,796.
| 11 Sep 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 149.7 | 230.197 % | £49,000 | £112,796 | £161,796 |
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 | 269.867 % | £132,234 | £181,234 |
| 3 Month Average | 276.282 % | £135,377 | £184,377 |
| 6 Month Average | 247.843 % | £121,443 | £170,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £312,806 | £308,000 | 207 PORTLAND ROAD |
| 15 Dec 2023 | £365,532 | £354,300 | 11 BROCKLESBY ROAD |
| 24 Oct 2023 | £399,064 | £390,000 | 24 INGATESTONE ROAD |
| 20 Sep 2023 | £184,057 | £180,000 | 53 BROCKLESBY ROAD |
| 14 Aug 2023 | £366,612 | £360,000 | 34 INGATESTONE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 24 Jan 2020. Using an estimated price of £161,797 means this house is valued at £2,451 per sq meter (£227 per sq foot).
The average size of a house on INGATESTONE ROAD is 68 sq meters (736 sq feet).