£372,416
This estimated value is based upon the latest sale price for the house of £300,000 on 14 Nov 2018. 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 |
---|---|
£300,000 | 14 Nov 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £300,000 results in an estimated price of approximately £372,416.
14 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £300,000 | £72,416 | £372,416 |
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 | 6.868 % | £20,604 | £320,604 |
3 Month Average | 24.829 % | £74,486 | £374,486 |
6 Month Average | 14.041 % | £42,122 | £342,122 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jul 2024 | £145,000 | £145,000 | 287B PORTLAND ROAD |
15 Mar 2024 | £690,611 | £680,000 | 254 PORTLAND ROAD |
1 Sep 2023 | £700,441 | £685,000 | 270 PORTLAND ROAD |
30 Jun 2023 | £275,521 | £270,000 | FLAT 16 PORTLAND MANSIONS PORTLAND ROAD |
28 Feb 2023 | £453,026 | £450,000 | 305 PORTLAND ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 23 Mar 2016. Using an estimated price of £372,416 means this house is valued at £9,549 per sq meter (£887 per sq foot).
The average size of a house on PORTLAND ROAD is 71 sq meters (766 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Belmont Road |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Belmont Road |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Belmont Road |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Belmont Road |