£401,545
This estimated value is based upon the latest sale price for the house of £325,000 on 8 Nov 2019. 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 |
---|---|
£325,000 | 8 Nov 2019 |
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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £325,000 results in an estimated price of approximately £401,545.
8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £325,000 | £76,545 | £401,545 |
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 | 18.109 % | £58,852 | £383,852 |
3 Month Average | 22.715 % | £73,822 | £398,822 |
6 Month Average | 9.389 % | £30,515 | £355,515 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £245,578 | £240,000 | FLAT 1 1549 LONDON ROAD |
17 Apr 2023 | £132,478 | £130,000 | 1494 LONDON ROAD |
25 Aug 2022 | £351,644 | £350,000 | 1579B LONDON ROAD |
2 Jun 2022 | £150,211 | £147,000 | FLAT 18 1516 LONDON ROAD |
31 Mar 2022 | £548,065 | £525,000 | 22 GRANVILLE GARDENS |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 17 Oct 2018. Using an estimated price of £401,545 means this house is valued at £8,194 per sq meter (£761 per sq foot).
The average size of a house on LONDON ROAD is 64 sq meters (698 sq feet).