£1,264,330
This estimated value is based upon the latest sale price for the house of £1,000,000 on 12 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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17 Norwood Rd, London, SE24 9AA
Phone: 02080223155
Price Paid | Date |
---|---|
£1,000,000 | 12 Jan 2018 |
£355,000 | 30 Jan 2004 |
Terraced |
Freehold |
Floor Area: 183 sq meters or 1,969 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 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £1,000,000 results in an estimated price of approximately £1,264,330.
12 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £1,000,000 | £264,330 | £1,264,330 |
The Postcode Pricing Model uses changes in average sales price within the SE24 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 | 5.002 % | £50,022 | £1,050,022 |
3 Month Average | 64.323 % | £643,229 | £1,643,229 |
6 Month Average | 21.802 % | £218,020 | £1,218,020 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2024 | £715,000 | £715,000 | 24 HAWARDEN GROVE |
30 Nov 2023 | £1,333,859 | £1,300,000 | 220 CROXTED ROAD |
2 Nov 2023 | £595,106 | £580,000 | FLAT B 16 HAWARDEN GROVE |
2 Oct 2023 | £1,439,698 | £1,407,000 | 8 HAWARDEN GROVE |
25 Aug 2023 | £1,018,367 | £1,000,000 | 274 CROXTED ROAD |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 5 Oct 2016. Using an estimated price of £1,264,331 means this house is valued at £6,908 per sq meter (£641 per sq foot).
The average size of a house on CROXTED ROAD is 125 sq meters (1,351 sq feet).