£491,155
This estimated value is based upon the latest sale price for the house of £480,000 on 2 Feb 2024. 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 |
|---|---|
| £480,000 | 2 Feb 2024 |
| £359,950 | 30 Jun 2016 |
| £72,000 | 1 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 February 2024 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £480,000 results in an estimated price of approximately £491,155.
| 2 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £480,000 | £11,155 | £491,155 |
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 | 3.511 % | £16,852 | £496,852 |
| 3 Month Average | 30.023 % | £144,110 | £624,110 |
| 6 Month Average | 2.643 % | £12,687 | £492,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £324,367 | £317,000 | FIRST FLOOR FLAT 116 PORTLAND ROAD |
| 4 Sep 2023 | £568,022 | £555,500 | 17 ENMORE AVENUE |
| 28 Oct 2022 | £299,001 | £300,000 | FLAT 1 156 PORTLAND ROAD |
| 31 Aug 2022 | £447,091 | £445,000 | 20 DENMARK ROAD |
| 11 Aug 2022 | £472,208 | £470,000 | 19 ENMORE AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Mar 2016.
The average size of a house on DENMARK ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Enmore Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Enmore Avenue | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Denmark Road |