£569,643
This estimated value is based upon the latest sale price for the house of £380,000 on 5 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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56 Portland Road, London, SE25 4PQ
Phone: 02077680594
Price Paid | Date |
---|---|
£380,000 | 5 Sep 2014 |
£317,500 | 31 Jul 2007 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 September 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.906%.Applying this 49.906% change to the original purchase price of £380,000 results in an estimated price of approximately £569,643.
5 Sep 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.0 | 49.906 % | £380,000 | £189,643 | £569,643 |
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 | 41.006 % | £155,821 | £535,821 |
3 Month Average | 32.901 % | £125,022 | £505,022 |
6 Month Average | 35.844 % | £136,205 | £516,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £658,001 | £654,000 | 79 PENGE ROAD |
18 Aug 2023 | £291,774 | £290,000 | 46 CAMILLE CLOSE |
10 Jul 2023 | £499,727 | £495,000 | 157 REGINA ROAD |
31 Mar 2023 | £372,011 | £370,000 | REGAL HOUSE, 28A KINGS ROAD |
7 Feb 2023 | £507,599 | £510,000 | 44 KINGS ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 29 Jan 2014. Using an estimated price of £569,643 means this house is valued at £4,557 per sq meter (£423 per sq foot).
The average size of a house on KINGS ROAD is 107 sq meters (1,153 sq feet).