£193,424
This estimated value is based upon the latest sale price for the house of £35,000 on 28 Jun 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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471-473 Norwood Road, London, SE27 9DJ
Phone: 02080339162
| Price Paid | Date |
|---|---|
| £35,000 | 28 Jun 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 June 1996 the House Price Index for GREATER LONDON was 26.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 452.642%.Applying this 452.642% change to the original purchase price of £35,000 results in an estimated price of approximately £193,424.
| 28 Jun 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 146.7 | 452.642 % | £35,000 | £158,424 | £193,424 |
The Postcode Pricing Model uses changes in average sales price within the SE27 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 | 700.796 % | £245,278 | £280,278 |
| 3 Month Average | 557.776 % | £195,221 | £230,221 |
| 6 Month Average | 545.772 % | £191,020 | £226,020 |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 31 Jul 2020.
The average size of a house on LANCASTER AVENUE is 140 sq meters (1,516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Hawkley Gardens |
| Jan 2024 | Anti-social behaviour | On or near Dalton Street | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Dalton Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Dalton Street |
| Jan 2024 | Anti-social behaviour | On or near Dalton Street |