£468,216
This estimated value is based upon the latest sale price for the house of £379,000 on 11 Oct 2019. 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 |
|---|---|
| £379,000 | 11 Oct 2019 |
| £225,000 | 1 Jun 2010 |
| £186,000 | 9 Mar 2007 |
| £150,000 | 19 Dec 2005 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 84 sq meters or 910 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £379,000 results in an estimated price of approximately £468,216.
| 11 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £379,000 | £89,216 | £468,216 |
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 | 7.919 % | £30,012 | £409,012 |
| 3 Month Average | -6.523 % | £-24,722 | £354,277 |
| 6 Month Average | -5.073 % | £-19,225 | £359,774 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £448,790 | £435,000 | 193 ALBERT ROAD |
| 26 Oct 2023 | £424,645 | £415,000 | 16 NOTSON ROAD |
| 17 Oct 2023 | £434,877 | £425,000 | 171 ALBERT ROAD |
| 13 Sep 2023 | £506,158 | £495,000 | 18 AYLETT ROAD |
| 27 Jun 2023 | £525,532 | £515,000 | 30 AYLETT ROAD |
This house has a floor area of 84 sq meters or 910 sq feet when measured on 3 Mar 2010. Using an estimated price of £468,217 means this house is valued at £5,537 per sq meter (£514 per sq foot).
The average size of a house on ALBERT ROAD is 65 sq meters (703 sq feet).