£354,350
This estimated value is based upon the latest sale price for the house of £234,000 on 7 Aug 2014. 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 |
---|---|
£234,000 | 7 Aug 2014 |
£144,000 | 29 Oct 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £234,000 results in an estimated price of approximately £354,350.
7 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £234,000 | £120,350 | £354,350 |
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 | -44.020 % | £-103,006 | £130,993 |
3 Month Average | 22.932 % | £53,661 | £287,661 |
6 Month Average | 44.611 % | £104,390 | £338,390 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £192,855 | £190,000 | FLAT 4 CROFTON COURT CYPRESS ROAD |
10 Nov 2023 | £299,433 | £295,000 | FLAT 6 CROFTON COURT CYPRESS ROAD |
10 Mar 2023 | £208,969 | £207,000 | FLAT 8 MARIA COURT, 2 CYPRESS ROAD |
24 Feb 2023 | £345,767 | £346,000 | FLAT 18 HAZEL BANK, 242 SOUTH NORWOOD HILL |
6 Feb 2023 | £339,771 | £340,000 | FLAT 20 HAZEL BANK, 242 SOUTH NORWOOD HILL |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 9 Mar 2020. Using an estimated price of £354,350 means this house is valued at £5,536 per sq meter (£514 per sq foot).
The average size of a house on SOUTH NORWOOD HILL is 73 sq meters (795 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cypress Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cypress Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cypress Road |