£245,665
This estimated value is based upon the latest sale price for the house of £95,000 on 27 Nov 2002. 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 |
---|---|
£95,000 | 27 Nov 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 801 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 November 2002 the House Price Index for GREATER LONDON was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £95,000 results in an estimated price of approximately £245,665.
27 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
57.9 | 149.7 | 158.595 % | £95,000 | £150,665 | £245,665 |
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 | 196.790 % | £186,950 | £281,950 |
3 Month Average | 137.488 % | £130,613 | £225,613 |
6 Month Average | 142.965 % | £135,816 | £230,816 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £424,645 | £415,000 | 16 NOTSON ROAD |
24 Aug 2023 | £234,224 | £230,000 | FLAT 8 DESBOROUGH COURT ALBERT ROAD |
24 Aug 2023 | £613,057 | £602,000 | 47 HARRINGTON ROAD |
22 Mar 2023 | £265,433 | £261,000 | 10 NAPIER ROAD |
1 Jun 2022 | £242,688 | £237,500 | 1 BELFAST ROAD |
This house has a floor area of 74 sq meters or 801 sq feet when measured on 12 Aug 2009. Using an estimated price of £245,665 means this house is valued at £3,297 per sq meter (£306 per sq foot).
The average size of a house on APSLEY ROAD is 86 sq meters (932 sq feet).