£390,784
This estimated value is based upon the latest sale price for the house of £233,000 on 12 Apr 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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471-473 Norwood Road, London, SE27 9DJ
Phone: 02080339162
| Price Paid | Date |
|---|---|
| £233,000 | 12 Apr 2013 |
| £68,000 | 4 Jul 1997 |
| £162,000 | 23 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 April 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £233,000 results in an estimated price of approximately £390,784.
| 12 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.719 % | £233,000 | £157,784 | £390,784 |
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 | 144.533 % | £336,761 | £569,761 |
| 3 Month Average | 94.781 % | £220,840 | £453,840 |
| 6 Month Average | 79.386 % | £184,970 | £417,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £1,661,241 | £1,640,000 | 38 CHATSWORTH WAY |
| 27 Jul 2023 | £486,548 | £480,000 | 57C IDMISTON ROAD |
| 24 Jul 2023 | £2,052,626 | £2,025,000 | 53 CHESTNUT ROAD |
| 17 Jul 2023 | £1,877,266 | £1,852,000 | 43 CHATSWORTH WAY |
| 9 Jun 2023 | £2,277,589 | £2,250,000 | 55 CHESTNUT ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 27 Jun 2012. Using an estimated price of £390,785 means this house is valued at £8,495 per sq meter (£789 per sq foot).
The average size of a house on IDMISTON ROAD is 134 sq meters (1,451 sq feet).