£361,074
This estimated value is based upon the latest sale price for the house of £355,000 on 19 May 2023. 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 |
|---|---|
| £355,000 | 19 May 2023 |
| £189,950 | 7 Sep 2007 |
| Terraced |
| Freehold |
| Floor Area: 45 sq meters or 484 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 May 2023 the House Price Index for GREATER LONDON was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £355,000 results in an estimated price of approximately £361,074.
| 19 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £355,000 | £6,074 | £361,074 |
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 | -56.529 % | £-200,676 | £154,323 |
| 3 Month Average | -19.347 % | £-68,681 | £286,318 |
| 6 Month Average | -11.397 % | £-40,460 | £314,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £292,559 | £290,000 | 46 CAMILLE CLOSE |
| 10 Jul 2023 | £501,753 | £495,000 | 157 REGINA ROAD |
| 31 Mar 2023 | £373,519 | £370,000 | REGAL HOUSE, 28A KINGS ROAD |
| 7 Feb 2023 | £509,657 | £510,000 | 44 KINGS ROAD |
| 26 Oct 2022 | £489,727 | £495,000 | 18 ADAIR CLOSE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 30 Sep 2015.
The average size of a house on CAMILLE CLOSE is 51 sq meters (550 sq feet).