£370,922
This estimated value is based upon the latest sale price for the house of £192,800 on 27 Sep 2004. 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 |
|---|---|
| £192,800 | 27 Sep 2004 |
| £169,950 | 19 Jul 2002 |
| Terraced |
| Freehold |
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 2004 the House Price Index for GREATER LONDON was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £192,800 results in an estimated price of approximately £370,922.
| 27 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £192,800 | £178,122 | £370,922 |
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 | 133.011 % | £256,444 | £449,244 |
| 3 Month Average | 143.805 % | £277,255 | £470,055 |
| 6 Month Average | 120.481 % | £232,288 | £425,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2024 | £480,000 | £480,000 | 91 DUNDEE ROAD |
| 8 Apr 2024 | £393,416 | £390,000 | 25 BELMONT ROAD |
| 12 Sep 2023 | £460,143 | £450,000 | 60 DUNDEE ROAD |
| 3 Aug 2023 | £351,337 | £345,000 | 10 FERNDALE ROAD |
| 13 Jan 2023 | £623,666 | £622,000 | 34 DUNDEE ROAD |