£670,120
This estimated value is based upon the latest sale price for the house of £186,000 on 15 Dec 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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282 Norwood Road, London, SE27 9AJ
Phone: 02081151051
Price Paid | Date |
---|---|
£186,000 | 15 Dec 2000 |
£125,000 | 18 Dec 1998 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 December 2000 the House Price Index for GREATER LONDON was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £186,000 results in an estimated price of approximately £670,120.
15 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.2 | 148.6 | 260.280 % | £186,000 | £484,120 | £670,120 |
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 | 408.137 % | £759,134 | £945,134 |
3 Month Average | 306.984 % | £570,989 | £756,989 |
6 Month Average | 310.844 % | £578,169 | £764,169 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Aug 2023 | £1,084,487 | £1,075,000 | 33 ROYAL CIRCUS |
21 Aug 2023 | £907,943 | £900,000 | 8 PORTAL CLOSE |
17 Feb 2023 | £794,465 | £795,000 | 54 LANSDOWNE HILL |
3 Feb 2023 | £839,435 | £840,000 | 39 YORK HILL |
29 Jul 2022 | £714,423 | £712,500 | 18 CAMBRIAN CLOSE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 27 Jul 2020. Using an estimated price of £670,120 means this house is valued at £5,360 per sq meter (£498 per sq foot).
The average size of a house on ROYAL CIRCUS is 99 sq meters (1,065 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).