£410,096
This estimated value is based upon the latest sale price for the house of £404,000 on 25 May 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1341 London Road, Norbury, SW16 4BE
Phone: 02035519840
| Price Paid | Date |
|---|---|
| £404,000 | 25 May 2022 |
| £320,000 | 15 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.509%.Applying this 1.509% change to the original purchase price of £404,000 results in an estimated price of approximately £410,096.
| 25 May 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.0 | 1.509 % | £404,000 | £6,096 | £410,096 |
The Postcode Pricing Model uses changes in average sales price within the SW16 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 | -23.488 % | £-94,891 | £309,108 |
| 3 Month Average | 7.501 % | £30,302 | £434,302 |
| 6 Month Average | 1.800 % | £7,270 | £411,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £405,202 | £400,000 | 105 TYLECROFT ROAD |
| 23 Aug 2023 | £402,447 | £400,000 | 73 NEWLANDS ROAD |
| 1 Jun 2022 | £412,177 | £408,000 | 39 NEWLANDS ROAD |
| 25 May 2022 | £410,096 | £404,000 | 56 NEWLANDS ROAD |
| 6 May 2022 | £421,262 | £415,000 | 77 TYLECROFT ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 3 Nov 2021. Using an estimated price of £410,096 means this house is valued at £7,456 per sq meter (£692 per sq foot).
The average size of a house on NEWLANDS ROAD is 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Granden Road |
| Mar 2024 | Anti-social behaviour | On or near Granden Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Granden Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Newlands Road |
| Mar 2024 | Other theft | Under investigation | On or near Newlands Road |