£416,818
This estimated value is based upon the latest sale price for the house of £249,950 on 14 Dec 2006. 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 |
|---|---|
| £249,950 | 14 Dec 2006 |
| £165,000 | 9 Jan 2006 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 December 2006 the House Price Index for GREATER LONDON was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £249,950 results in an estimated price of approximately £416,818.
| 14 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 149.7 | 66.761 % | £249,950 | £166,868 | £416,818 |
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 | 132.333 % | £330,767 | £580,717 |
| 3 Month Average | 86.380 % | £215,906 | £465,856 |
| 6 Month Average | 79.925 % | £199,772 | £449,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £386,819 | £377,000 | 49 BIRCHANGER ROAD |
| 18 Sep 2023 | £403,904 | £395,000 | GROUND FLOOR FLAT 66 ENMORE ROAD |
| 29 Aug 2023 | £453,784 | £445,600 | 90 BIRCHANGER ROAD |
| 25 Aug 2023 | £407,347 | £400,000 | FLAT 2 38 ENMORE ROAD |
| 24 Apr 2023 | £473,863 | £465,000 | FLAT 7 38 ENMORE ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 26 Apr 2012. Using an estimated price of £416,819 means this house is valued at £4,046 per sq meter (£375 per sq foot).
The average size of a house on ENMORE ROAD is 69 sq meters (749 sq feet).