£359,004
This estimated value is based upon the latest sale price for the house of £65,000 on 31 Mar 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 18, 08 Aragon Tower, George Beard Road, London, SE8 3AL
Phone: 02036413928
| Price Paid | Date |
|---|---|
| £65,000 | 31 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 March 1995 the House Price Index for GREATER LONDON was 26.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 452.314%.Applying this 452.314% change to the original purchase price of £65,000 results in an estimated price of approximately £359,004.
| 31 Mar 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 146.7 | 452.314 % | £65,000 | £294,004 | £359,004 |
The Postcode Pricing Model uses changes in average sales price within the SE16 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 | 592.715 % | £385,264 | £450,264 |
| 3 Month Average | 431.602 % | £280,541 | £345,541 |
| 6 Month Average | 438.389 % | £284,952 | £349,952 |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 20 May 2020.
The average size of a house on NORWAY GATE is 56 sq meters (612 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Oslo Square |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oslo Square |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oslo Square |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oslo Square |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Oslo Square |