£366,020
This estimated value is based upon the latest sale price for the house of £235,000 on 16 May 2014. 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 |
|---|---|
| £235,000 | 16 May 2014 |
| £198,000 | 7 Jun 2004 |
| £160,000 | 15 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £235,000 results in an estimated price of approximately £366,020.
| 16 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £235,000 | £131,020 | £366,020 |
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 | 33.825 % | £79,489 | £314,489 |
| 3 Month Average | 55.264 % | £129,870 | £364,870 |
| 6 Month Average | 48.305 % | £113,517 | £348,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £216,883 | £215,000 | FLAT 37 SOLENT COURT, 1258 LONDON ROAD |
| 27 Oct 2023 | £255,810 | £250,000 | FLAT 9 SOLENT COURT, 1258 LONDON ROAD |
| 18 Aug 2023 | £229,133 | £225,000 | FLAT 26 SOLENT COURT, 1258 LONDON ROAD |
| 4 Jan 2023 | £295,790 | £295,000 | FLAT 77 SOLENT COURT, 1258 LONDON ROAD |
| 22 Dec 2020 | £198,868 | £172,000 | FLAT 40 SOLENT COURT, 1258 LONDON ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 14 Aug 2013. Using an estimated price of £366,020 means this house is valued at £4,692 per sq meter (£435 per sq foot).
The average size of a house on LONDON ROAD is 64 sq meters (698 sq feet).