£487,543
This estimated value is based upon the latest sale price for the house of £145,000 on 24 Jul 2001. 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 |
|---|---|
| £145,000 | 24 Jul 2001 |
| £65,250 | 15 Mar 1996 |
| Semi-Detached |
| Freehold |
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 July 2001 the House Price Index for GREATER LONDON was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £145,000 results in an estimated price of approximately £487,543.
| 24 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £145,000 | £342,543 | £487,543 |
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 | 65.117 % | £94,419 | £239,419 |
| 3 Month Average | 179.815 % | £260,731 | £405,731 |
| 6 Month Average | 225.459 % | £326,915 | £471,915 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2022 | £302,815 | £302,000 | FLAT 1 19 GRASMERE ROAD |
| 31 May 2022 | £433,162 | £425,000 | 14 GRASMERE ROAD |
| 31 May 2022 | £504,506 | £495,000 | 1A GRASMERE ROAD |
| 19 May 2022 | £264,993 | £260,000 | 13 GRASMERE ROAD |
| 13 Apr 2022 | £305,850 | £297,000 | 64 ST LUKES CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Cumberland Road |