£234,573
This estimated value is based upon the latest sale price for the house of £212,000 on 11 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Penge Road
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22 Portland Road, South Norwood, SE25 4PF
Phone: 02034630103
Price Paid | Date |
---|---|
£212,000 | 11 Oct 2021 |
£200,000 | 23 Aug 2017 |
£133,000 | 2 Mar 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 October 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £212,000 results in an estimated price of approximately £234,573.
11 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £212,000 | £22,573 | £234,573 |
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 | -44.688 % | £-94,738 | £117,261 |
3 Month Average | -13.415 % | £-28,440 | £183,559 |
6 Month Average | -3.021 % | £-6,405 | £205,594 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £659,772 | £654,000 | 79 PENGE ROAD |
26 Jun 2023 | £70,858 | £70,000 | 18 PENGE ROAD |
29 Nov 2022 | £435,228 | £440,500 | FLAT 1 41 PENGE ROAD |
24 Jun 2022 | £152,150 | £150,000 | 55D PENGE ROAD |
18 Mar 2022 | £215,024 | £207,500 | FLAT 2 39 PENGE ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 8 Oct 2008. Using an estimated price of £234,573 means this house is valued at £5,585 per sq meter (£518 per sq foot).
The average size of a house on PENGE ROAD is 48 sq meters (520 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Penge Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Penge Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Penge Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near King'S Road |
Jan 2024 | Anti-social behaviour | On or near King'S Road |