£510,224
This estimated value is based upon the latest sale price for the house of £500,000 on 26 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 High Street, South Norwood, SE25 6EP
Phone: 02036415007
| Price Paid | Date |
|---|---|
| £500,000 | 26 Jun 2023 |
| Terraced |
| Freehold |
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 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £500,000 results in an estimated price of approximately £510,224.
| 26 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £500,000 | £10,224 | £510,224 |
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 | 8.588 % | £42,941 | £542,941 |
| 3 Month Average | 12.151 % | £60,757 | £560,757 |
| 6 Month Average | 0.869 % | £4,345 | £504,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £525,000 | £525,000 | 1 ELM PARK ROAD |
| 20 Sep 2023 | £273,530 | £267,500 | 4 BROSTER GARDENS |
| 1 Sep 2023 | £490,820 | £480,000 | 5 ELM PARK ROAD |
| 26 Jun 2023 | £510,225 | £500,000 | 8 DIXON ROAD |
| 9 Aug 2022 | £366,715 | £365,000 | 22 BROSTER GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broster Gardens |
| Sep 2024 | Public order | Under investigation | On or near Dixon Road |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Dixon Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dixon Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Dixon Road |