£494,465
This estimated value is based upon the latest sale price for the house of £385,000 on 21 Jul 2017. 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 Oakley Road
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157 Portland Road, South Norwood, SE25 4UX
Phone: 02036412317
| Price Paid | Date |
|---|---|
| £385,000 | 21 Jul 2017 |
| £183,950 | 28 May 2004 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 73 sq meters or 785 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £385,000 results in an estimated price of approximately £494,465.
| 21 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £385,000 | £109,465 | £494,465 |
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 | 30.682 % | £118,126 | £503,126 |
| 3 Month Average | 18.083 % | £69,617 | £454,617 |
| 6 Month Average | 18.636 % | £71,748 | £456,748 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £425,809 | £415,000 | 73 FERNDALE ROAD |
| 27 Sep 2023 | £230,072 | £225,000 | 2A OAKLEY ROAD |
| 22 Sep 2023 | £493,887 | £483,000 | 50 OAKLEY ROAD |
| 4 Aug 2023 | £529,551 | £520,000 | 58 OAKLEY ROAD |
| 3 Aug 2023 | £351,337 | £345,000 | 10 FERNDALE ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Oct 2016. Using an estimated price of £494,465 means this house is valued at £6,773 per sq meter (£629 per sq foot).
The average size of a house on FERNDALE ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Oakley Road |
| Sep 2024 | Anti-social behaviour | On or near Oakley Road | |
| Sep 2024 | Burglary | Under investigation | On or near Oakley Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakley Road |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Oakley Road |