£522,855
This estimated value is based upon the latest sale price for the house of £490,000 on 14 Dec 2021. 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 |
|---|---|
| £490,000 | 14 Dec 2021 |
| £481,000 | 13 Dec 2017 |
| £265,000 | 20 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £490,000 results in an estimated price of approximately £522,855.
| 14 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £490,000 | £32,855 | £522,855 |
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 | -20.078 % | £-98,383 | £391,616 |
| 3 Month Average | -16.731 % | £-81,983 | £408,016 |
| 6 Month Average | -8.459 % | £-41,447 | £448,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £341,460 | £335,000 | 50 GRASMERE ROAD |
| 28 Jun 2023 | £373,025 | £370,000 | 62 GRASMERE ROAD |
| 28 Apr 2023 | £508,782 | £505,000 | 78 GRASMERE ROAD |
| 20 Apr 2023 | £441,280 | £438,000 | 82 BELMONT ROAD |
| 15 Jul 2022 | £301,592 | £302,000 | FLAT 1 19 GRASMERE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Jul 2021. Using an estimated price of £522,855 means this house is valued at £6,971 per sq meter (£647 per sq foot).
The average size of a house on GRASMERE ROAD is 84 sq meters (910 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Grasmere Road | |
| Apr 2024 | Public order | Under investigation | On or near Grasmere Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grasmere Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grasmere Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Grasmere Road |