£447,610
This estimated value is based upon the latest sale price for the house of £215,000 on 22 Mar 2004. 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 |
|---|---|
| £215,000 | 22 Mar 2004 |
| £195,000 | 18 Jan 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 108.191%.Applying this 108.191% change to the original purchase price of £215,000 results in an estimated price of approximately £447,610.
| 22 Mar 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.0 | 108.191 % | £215,000 | £232,610 | £447,610 |
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 | 189.396 % | £407,200 | £622,200 |
| 3 Month Average | 157.485 % | £338,593 | £553,593 |
| 6 Month Average | 158.197 % | £340,123 | £555,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £226,377 | £225,000 | FLAT 26 SOLENT COURT, 1258 LONDON ROAD |
| 12 Jan 2023 | £346,952 | £350,000 | FLAT 54 SOLENT COURT, 1258 LONDON ROAD |
| 4 Jan 2023 | £292,431 | £295,000 | FLAT 77 SOLENT COURT, 1258 LONDON ROAD |
| 10 Feb 2020 | £389,936 | £320,000 | FLAT 3 SOLENT COURT, 1258 LONDON ROAD |
| 7 May 2019 | £449,368 | £365,000 | FLAT 65 SOLENT COURT, 1258 LONDON ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 3 Dec 2013. Using an estimated price of £447,610 means this house is valued at £6,304 per sq meter (£585 per sq foot).
The average size of a house on LONDON ROAD is 64 sq meters (698 sq feet).