£1,866,948
This estimated value is based upon the latest sale price for the house of £1,500,000 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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17 Norwood Rd, London, SE24 9AA
Phone: 02080223155
Price Paid | Date |
---|---|
£1,500,000 | 21 Jun 2019 |
£875,000 | 3 Jul 2008 |
£500,000 | 15 Mar 2006 |
Semi-Detached |
Freehold |
Floor Area: 165 sq meters or 1,776 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,866,948.
21 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £1,500,000 | £366,948 | £1,866,948 |
The Postcode Pricing Model uses changes in average sales price within the SE21 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 | -33.952 % | £-509,281 | £990,718 |
3 Month Average | -9.000 % | £-134,994 | £1,365,005 |
6 Month Average | 14.037 % | £210,558 | £1,710,558 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £818,357 | £811,250 | 60 TURNEY ROAD |
29 Sep 2023 | £685,103 | £670,000 | 16 DALKEITH ROAD |
23 Jun 2023 | £836,769 | £820,000 | 70 TURNEY ROAD |
21 Apr 2023 | £866,151 | £849,950 | 85 PYMERS MEAD |
16 Sep 2022 | £826,948 | £827,500 | 68 TURNEY ROAD |
This house has a floor area of 165 sq meters or 1,776 sq feet when measured on 7 Dec 2018. Using an estimated price of £1,866,949 means this house is valued at £11,314 per sq meter (£1,051 per sq foot).
The average size of a house on DALKEITH ROAD is 99 sq meters (1,072 sq feet).
This house is the largest in the street with a floor area of 165 sq meters (1,776 sq feet).