£901,531
This estimated value is based upon the latest sale price for the house of £600,000 on 19 Dec 2014. 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 |
---|---|
£600,000 | 19 Dec 2014 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £600,000 results in an estimated price of approximately £901,531.
19 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £600,000 | £301,531 | £901,531 |
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 | 15.184 % | £91,105 | £691,105 |
3 Month Average | 3.469 % | £20,812 | £620,812 |
6 Month Average | 11.925 % | £71,549 | £671,549 |
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 93 sq meters or 1,001 sq feet when measured on 11 Apr 2014. Using an estimated price of £901,532 means this house is valued at £9,693 per sq meter (£900 per sq foot).
The average size of a house on EGREMONT ROAD is 110 sq meters (1,188 sq feet).