£519,344
This estimated value is based upon the latest sale price for the house of £385,000 on 15 Apr 2016. 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 |
|---|---|
| £385,000 | 15 Apr 2016 |
| £348,000 | 26 Aug 2015 |
| £248,000 | 15 Mar 2013 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 April 2016 the House Price Index for GREATER LONDON was 109.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.895%.Applying this 34.895% change to the original purchase price of £385,000 results in an estimated price of approximately £519,344.
| 15 Apr 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.0 | 34.895 % | £385,000 | £134,344 | £519,344 |
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 | 21.745 % | £83,717 | £468,717 |
| 3 Month Average | 13.354 % | £51,411 | £436,411 |
| 6 Month Average | 10.323 % | £39,741 | £424,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £269,137 | £267,500 | FLAT 5 13 SUNNY BANK |
| 22 Jul 2022 | £509,312 | £510,000 | 50 SUNNY BANK |
| 30 Jun 2022 | £328,328 | £325,000 | FLAT 2 13 SUNNY BANK |
| 6 May 2022 | £381,674 | £376,000 | 92 SUNNY BANK |
| 26 Nov 2021 | £311,295 | £289,000 | 87D ALBERT ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 10 May 2012. Using an estimated price of £519,345 means this house is valued at £7,213 per sq meter (£670 per sq foot).
The average size of a house on SUNNY BANK is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Sunny Bank | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Sunny Bank |
| Feb 2024 | Anti-social behaviour | On or near Sunny Bank | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bevill Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Mark'S Road |