£113,959
This estimated value is based upon the latest sale price for the house of £95,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1544 London Road, Norbury, London, SW16 4EU
Phone: 02077688202
| Price Paid | Date |
|---|---|
| £95,000 | 6 Mar 2020 |
| Freehold |
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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £95,000 results in an estimated price of approximately £113,959.
| 6 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £95,000 | £18,959 | £113,959 |
The Postcode Pricing Model uses changes in average sales price within the SW16 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 | 50.637 % | £48,104 | £143,104 |
| 3 Month Average | 14.082 % | £13,378 | £108,378 |
| 6 Month Average | 13.330 % | £12,663 | £107,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £521,763 | £520,000 | 1521B LONDON ROAD |
| 20 Dec 2023 | £1,600,276 | £1,570,000 | 1515D LONDON ROAD |
| 17 Apr 2023 | £130,973 | £130,000 | 1494 LONDON ROAD |
| 25 Aug 2022 | £347,651 | £350,000 | 1579B LONDON ROAD |
| 2 Jun 2022 | £148,505 | £147,000 | FLAT 18 1516 LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Under investigation | On or near Parking Area |