£541,766
This estimated value is based upon the latest sale price for the house of £400,000 on 27 Apr 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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17 Norwood Rd, London, SE24 9AA
Phone: 02080223155
| Price Paid | Date |
|---|---|
| £400,000 | 27 Apr 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 2016 the House Price Index for GREATER LONDON was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £400,000 results in an estimated price of approximately £541,766.
| 27 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £400,000 | £141,766 | £541,766 |
The Postcode Pricing Model uses changes in average sales price within the SE24 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 | -17.342 % | £-69,369 | £330,630 |
| 3 Month Average | -9.927 % | £-39,709 | £360,290 |
| 6 Month Average | 13.280 % | £53,120 | £453,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £964,276 | £950,000 | 165 NORWOOD ROAD |
| 7 Jul 2023 | £268,615 | £265,000 | FLAT 4 BLOCK E PEABODY ESTATE |
| 22 Jun 2023 | £556,744 | £550,000 | 137B NORWOOD ROAD |
| 4 Jan 2023 | £312,528 | £314,000 | FLAT 3 BLOCK B PEABODY ESTATE |
| 12 Aug 2022 | £364,020 | £365,000 | FLAT 6 BLOCK C PEABODY ESTATE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 1 Feb 2013. Using an estimated price of £541,766 means this house is valued at £6,087 per sq meter (£565 per sq foot).
The average size of a house on NORWOOD ROAD is 73 sq meters (794 sq feet).