£490,498
This estimated value is based upon the latest sale price for the house of £315,000 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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157 Portland Road, South Norwood, SE25 4UX
Phone: 02036412317
| Price Paid | Date |
|---|---|
| £315,000 | 11 Apr 2014 |
| £149,950 | 30 Jun 2000 |
| £94,950 | 21 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2014 the House Price Index for GREATER LONDON was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £315,000 results in an estimated price of approximately £490,498.
| 11 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £315,000 | £175,498 | £490,498 |
The Postcode Pricing Model uses changes in average sales price within the SE25 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 | -20.831 % | £-65,619 | £249,380 |
| 3 Month Average | 31.635 % | £99,649 | £414,649 |
| 6 Month Average | 49.178 % | £154,912 | £469,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £590,163 | £585,000 | 14 LINCOLN ROAD |
| 14 Aug 2023 | £554,854 | £550,000 | 31 HAMBROOK ROAD |
| 3 Mar 2023 | £555,231 | £550,000 | 12 CROMER ROAD |
| 26 Oct 2022 | £489,727 | £495,000 | 18 ADAIR CLOSE |
| 22 Jul 2022 | £451,215 | £450,000 | 2 HAMBROOK ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 17 Jan 2014. Using an estimated price of £490,499 means this house is valued at £5,573 per sq meter (£517 per sq foot).
The average size of a house on CROMER ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cromer Road |
| Dec 2023 | Anti-social behaviour | On or near Hambrook Road | |
| Dec 2023 | Anti-social behaviour | On or near Hambrook Road | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hambrook Road |
| Dec 2023 | Anti-social behaviour | On or near Hambrook Road |