£450,821
This estimated value is based upon the latest sale price for the house of £345,000 on 10 Jan 2017. 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 |
|---|---|
| £345,000 | 10 Jan 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 January 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £345,000 results in an estimated price of approximately £450,821.
| 10 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £345,000 | £105,821 | £450,821 |
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 | 51.948 % | £179,219 | £524,219 |
| 3 Month Average | 25.039 % | £86,383 | £431,383 |
| 6 Month Average | 7.217 % | £24,899 | £369,899 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £771,752 | £765,000 | 65 WOLFINGTON ROAD |
| 7 Aug 2023 | £418,663 | £415,000 | 27B ST JULIANS FARM ROAD |
| 7 Jul 2023 | £1,140,348 | £1,125,000 | 56 SELSDON ROAD |
| 23 Jun 2023 | £723,767 | £715,000 | 22 SELSDON ROAD |
| 7 Jun 2023 | £759,196 | £750,000 | 77 WOLFINGTON ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 19 Aug 2016. Using an estimated price of £450,822 means this house is valued at £7,513 per sq meter (£698 per sq foot).
The average size of a house on SELSDON ROAD is 98 sq meters (1,056 sq feet).