£298,497
This estimated value is based upon the latest sale price for the house of £276,000 on 22 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Station Road, South Norwood, SE25 5AJ
Phone: 02035514502
| Price Paid | Date |
|---|---|
| £276,000 | 22 Nov 2021 |
| £260,000 | 11 Dec 2018 |
| £206,000 | 16 Apr 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £276,000 results in an estimated price of approximately £298,497.
| 22 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £276,000 | £22,497 | £298,497 |
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 | -66.064 % | £-182,337 | £93,662 |
| 3 Month Average | -19.831 % | £-54,732 | £221,267 |
| 6 Month Average | -5.139 % | £-14,182 | £261,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £160,374 | £158,000 | 1 UPPER GROVE |
| 11 Sep 2023 | £222,849 | £220,000 | FLAT D 11 UPPER GROVE |
| 31 Aug 2023 | £237,074 | £235,000 | SECOND FLOOR FLAT 245 HOLMESDALE ROAD |
| 1 Mar 2023 | £328,091 | £325,000 | LOWER FLAT 247 HOLMESDALE ROAD |
| 23 Feb 2023 | £269,818 | £270,000 | 3C UPPER GROVE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 23 May 2018. Using an estimated price of £298,498 means this house is valued at £6,091 per sq meter (£565 per sq foot).
The average size of a house on UPPER GROVE is 55 sq meters (600 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Upper Grove |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Upper Grove |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Upper Grove |
| Dec 2023 | Anti-social behaviour | On or near Burgoyne Road | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burgoyne Road |