£393,716
This estimated value is based upon the latest sale price for the house of £396,400 on 10 Aug 2023. 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 |
|---|---|
| £396,400 | 10 Aug 2023 |
| £400,000 | 30 May 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 August 2023 the House Price Index for GREATER LONDON was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £396,400 results in an estimated price of approximately £393,716.
| 10 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £396,400 | £-2,683 | £393,716 |
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 | -50.490 % | £-200,140 | £196,259 |
| 3 Month Average | -24.451 % | £-96,924 | £299,475 |
| 6 Month Average | -8.481 % | £-33,617 | £362,782 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 4 Dec 2017.
The average size of a house on BIRCHANGER ROAD is 80 sq meters (863 sq feet).