£756,163
This estimated value is based upon the latest sale price for the house of £740,000 on 20 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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282 Norwood Road, London, SE27 9AJ
Phone: 02081151051
Price Paid | Date |
---|---|
£740,000 | 20 Jun 2022 |
£275,000 | 14 Nov 2003 |
Terraced |
Freehold |
Floor Area: 108 sq meters or 1,162 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 June 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £740,000 results in an estimated price of approximately £756,163.
20 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £740,000 | £16,163 | £756,163 |
The Postcode Pricing Model uses changes in average sales price within the SE27 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 | -50.653 % | £-374,834 | £365,165 |
3 Month Average | -17.146 % | £-126,880 | £613,119 |
6 Month Average | -21.447 % | £-158,707 | £581,292 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £851,154 | £825,000 | 104 CANTERBURY GROVE |
26 Oct 2023 | £780,118 | £762,400 | 48 EGREMONT ROAD |
13 Oct 2023 | £675,338 | £660,000 | 111 CANTERBURY GROVE |
20 Sep 2023 | £792,469 | £775,000 | 90 CANTERBURY GROVE |
2 Jun 2023 | £739,826 | £725,000 | 44 EGREMONT ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 7 Sep 2021. Using an estimated price of £756,164 means this house is valued at £7,001 per sq meter (£650 per sq foot).
The average size of a house on CANTERBURY GROVE is 104 sq meters (1,122 sq feet).