£332,279
This estimated value is based upon the latest sale price for the house of £182,000 on 4 May 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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157 Portland Road, South Norwood, SE25 4UX
Phone: 02036412317
| Price Paid | Date |
|---|---|
| £182,000 | 4 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 May 2005 the House Price Index for GREATER LONDON was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.571%.Applying this 82.571% change to the original purchase price of £182,000 results in an estimated price of approximately £332,279.
| 4 May 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 146.7 | 82.571 % | £182,000 | £150,279 | £332,279 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | 96.840 % | £176,249 | £358,249 |
| 3 Month Average | 79.923 % | £145,459 | £327,459 |
| 6 Month Average | 81.076 % | £147,557 | £329,557 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 2 May 2013.
The average size of a house on MEDWAY CLOSE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Long Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Lane |
| Dec 2023 | Public order | Under investigation | On or near Rusthall Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Chart Close |
| Jan 2024 | Drugs | Offender given penalty notice | On or near Chart Close |