£613,862
This estimated value is based upon the latest sale price for the house of £595,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 High Street, South Norwood, SE25 6EP
Phone: 02036415007
| Price Paid | Date |
|---|---|
| £595,000 | 15 Dec 2023 |
| £430,000 | 8 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 December 2023 the House Price Index for GREATER LONDON was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £595,000 results in an estimated price of approximately £613,862.
| 15 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £595,000 | £18,862 | £613,862 |
The Postcode Pricing Model uses changes in average sales price within the SE25 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 | 0.811 % | £4,824 | £599,824 |
| 3 Month Average | 0.565 % | £3,360 | £598,360 |
| 6 Month Average | -12.334 % | £-73,385 | £521,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £613,863 | £595,000 | 4 WRIGHTS ROAD |
| 24 Oct 2023 | £470,690 | £460,000 | 9 WRIGHTS ROAD |
| 18 Oct 2023 | £562,782 | £550,000 | 29 WRIGHTS ROAD |
| 7 Sep 2023 | £427,422 | £418,000 | 74 CUTHBERT GARDENS |
| 30 Jun 2023 | £202,049 | £198,000 | FLAT 7 1 CANHAM ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 12 Sep 2019. Using an estimated price of £613,863 means this house is valued at £6,138 per sq meter (£570 per sq foot).
The average size of a house on WRIGHTS ROAD is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Wrights Road | |
| Apr 2024 | Public order | Under investigation | On or near Wrights Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wrights Road |
| Apr 2024 | Anti-social behaviour | On or near Wrights Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wrights Road |