£412,425
This estimated value is based upon the latest sale price for the house of £393,275 on 10 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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56 Portland Road, London, SE25 4PQ
Phone: 02077680594
| Price Paid | Date |
|---|---|
| £393,275 | 10 Feb 2022 |
| £303,000 | 13 Jun 2016 |
| £160,250 | 22 Sep 2006 |
| £140,000 | 21 Jan 2005 |
| £50,000 | 1 Apr 1999 |
| £39,000 | 21 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £393,275 results in an estimated price of approximately £412,425.
| 10 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £393,275 | £19,150 | £412,425 |
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 | -53.472 % | £-210,291 | £182,983 |
| 3 Month Average | -17.401 % | £-68,432 | £324,842 |
| 6 Month Average | -3.641 % | £-14,317 | £378,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £382,665 | £377,000 | 49 BIRCHANGER ROAD |
| 29 Aug 2023 | £449,533 | £445,600 | 90 BIRCHANGER ROAD |
| 10 Aug 2023 | £399,898 | £396,400 | FLAT 1 98 BIRCHANGER ROAD |
| 4 Jul 2023 | £273,683 | £270,000 | FLAT 9B MAGDALEN COURT ENMORE ROAD |
| 20 Jan 2023 | £447,890 | £450,000 | 89 BIRCHANGER ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 8 Oct 2021. Using an estimated price of £412,425 means this house is valued at £6,990 per sq meter (£649 per sq foot).
The average size of a house on BIRCHANGER ROAD is 80 sq meters (863 sq feet).