£188,262
This estimated value is based upon the latest sale price for the house of £38,000 on 28 Oct 1997. 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 |
---|---|
£38,000 | 28 Oct 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 October 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £38,000 results in an estimated price of approximately £188,262.
28 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.0 | 148.6 | 395.428 % | £38,000 | £150,262 | £188,262 |
The Postcode Pricing Model uses changes in average sales price within the SE20 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 | 459.128 % | £174,468 | £212,468 |
3 Month Average | 301.900 % | £114,721 | £152,721 |
6 Month Average | 391.191 % | £148,652 | £186,652 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £650,826 | £642,505 | 51 SELBY ROAD |
1 Aug 2023 | £235,056 | £233,000 | FLAT 2 93 PENGE ROAD |
29 Mar 2023 | £6,601,492 | £6,539,298 | BURROWS HOUSE, 12 DERWENT ROAD |
22 Mar 2023 | £267,520 | £265,000 | FLAT 4 HAYSLEIGH HOUSE CROYDON ROAD |
13 Jan 2023 | £283,664 | £285,000 | 78C PENGE ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 16 Feb 2018. Using an estimated price of £188,263 means this house is valued at £3,691 per sq meter (£342 per sq foot).
The average size of a house on PENGE ROAD is 65 sq meters (702 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Wheathill Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wheathill Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wheathill Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Wheathill Road |
Feb 2024 | Other theft | Under investigation | On or near Wheathill Road |