£497,362
This estimated value is based upon the latest sale price for the house of £429,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 High Street, South Norwood, SE25 6EP
Phone: 02036415007
| Price Paid | Date |
|---|---|
| £429,000 | 27 Nov 2020 |
| £385,000 | 3 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £429,000 results in an estimated price of approximately £497,362.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £429,000 | £68,362 | £497,362 |
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 | -45.037 % | £-193,209 | £235,790 |
| 3 Month Average | -12.472 % | £-53,506 | £375,493 |
| 6 Month Average | 0.692 % | £2,966 | £431,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £100,763 | £99,000 | 4 OLIVER GROVE |
| 4 Dec 2023 | £213,740 | £210,000 | FLAT 3 BROMFIELD COURT, 10 OLIVER GROVE |
| 4 Aug 2023 | £312,736 | £310,000 | FLAT D 16 OLIVER GROVE |
| 23 Feb 2023 | £249,832 | £250,000 | FLAT 12 318 HOLMESDALE ROAD |
| 1 Sep 2022 | £302,557 | £305,000 | FLAT C 16 OLIVER GROVE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 18 Jul 2020. Using an estimated price of £497,363 means this house is valued at £4,401 per sq meter (£408 per sq foot).
The average size of a house on HOLMESDALE ROAD is 66 sq meters (718 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holmesdale Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Holmesdale Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oliver Grove |
| Jan 2024 | Drugs | Under investigation | On or near Oliver Grove |
| Dec 2023 | Drugs | Offender given penalty notice | On or near Oliver Grove |