£318,722
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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56 Portland Road, London, SE25 4PQ
Phone: 02077680594
| Price Paid | Date |
|---|---|
| £250,000 | 12 Jul 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £250,000 results in an estimated price of approximately £318,722.
| 12 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £250,000 | £68,722 | £318,722 |
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 | -40.235 % | £-100,587 | £149,412 |
| 3 Month Average | -14.453 % | £-36,132 | £213,867 |
| 6 Month Average | 9.471 % | £23,677 | £273,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £326,839 | £322,000 | 10A BALFOUR ROAD |
| 8 Sep 2023 | £511,541 | £505,000 | TOP FLOOR 5 BALFOUR ROAD |
| 20 Jun 2023 | £283,433 | £280,000 | 11A CROWTHER ROAD |
| 13 Jun 2023 | £389,721 | £385,000 | 20 BALFOUR ROAD |
| 20 Jun 2022 | £523,397 | £516,000 | 5 CROWTHER ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 9 Jun 2017. Using an estimated price of £318,722 means this house is valued at £5,902 per sq meter (£548 per sq foot).
The average size of a house on BALFOUR ROAD is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Balfour Road | |
| Jan 2024 | Anti-social behaviour | On or near Balfour Road | |
| Jan 2024 | Robbery | Under investigation | On or near Balfour Road |
| Jan 2024 | Anti-social behaviour | On or near Balfour Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Balfour Road |