£496,895
This estimated value is based upon the latest sale price for the house of £465,000 on 18 Jun 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 |
---|---|
£465,000 | 18 Jun 2021 |
£327,600 | 30 May 2014 |
£205,000 | 16 Dec 2004 |
£139,000 | 18 Feb 2002 |
£85,500 | 21 Sep 1998 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 978 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £465,000 results in an estimated price of approximately £496,895.
18 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.0 | 6.859 % | £465,000 | £31,895 | £496,895 |
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 | 2.074 % | £9,642 | £474,642 |
3 Month Average | -14.257 % | £-66,295 | £398,704 |
6 Month Average | -10.045 % | £-46,708 | £418,291 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £489,256 | £480,000 | 89 SANDOWN ROAD |
19 Jul 2023 | £580,491 | £575,000 | 21 WATCOMBE ROAD |
28 Apr 2023 | £416,596 | £413,500 | 5 SANDOWN ROAD |
8 Mar 2023 | £558,016 | £555,000 | 1 WATCOMBE ROAD |
24 Aug 2022 | £481,745 | £485,000 | 69 SANDOWN ROAD |
This house has a floor area of 90 sq meters or 978 sq feet when measured on 28 Jun 2010. Using an estimated price of £496,895 means this house is valued at £5,468 per sq meter (£508 per sq foot).
The average size of a house on WATCOMBE ROAD is 85 sq meters (924 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Sandown Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Sandown Road |
Feb 2024 | Other theft | Under investigation | On or near Sandown Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Notson Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Notson Road |