£265,432
This estimated value is based upon the latest sale price for the house of £261,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1341 London Road, Norbury, SW16 4BE
Phone: 02035519840
| Price Paid | Date |
|---|---|
| £261,000 | 31 Mar 2023 |
| £234,700 | 25 Jul 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 March 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £261,000 results in an estimated price of approximately £265,432.
| 31 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £261,000 | £4,432 | £265,432 |
The Postcode Pricing Model uses changes in average sales price within the SW16 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 | 0.123 % | £322 | £261,322 |
| 3 Month Average | 20.526 % | £53,573 | £314,573 |
| 6 Month Average | 8.428 % | £21,997 | £282,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £239,316 | £235,000 | FLAT 21 RADNOR HOUSE, 1272 LONDON ROAD |
| 31 Mar 2023 | £265,433 | £261,000 | FLAT 65 RADNOR HOUSE, 1272 LONDON ROAD |
| 30 Mar 2023 | £223,736 | £220,000 | FLAT 93 RADNOR HOUSE, 1272 LONDON ROAD |
| 11 Jul 2022 | £250,510 | £248,000 | FLAT 16 RADNOR HOUSE, 1272 LONDON ROAD |
| 30 Jun 2022 | £270,788 | £265,000 | FLAT 60 RADNOR HOUSE, 1272 LONDON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 Jun 2020. Using an estimated price of £265,433 means this house is valued at £3,961 per sq meter (£368 per sq foot).
The average size of a house on LONDON ROAD is 64 sq meters (698 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station |