£542,196
This estimated value is based upon the latest sale price for the house of £440,000 on 27 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 London Road, Forest Hill, London, SE23 3PH
Phone: 02034783484
| Price Paid | Date |
|---|---|
| £440,000 | 27 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £440,000 results in an estimated price of approximately £542,196.
| 27 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £440,000 | £102,196 | £542,196 |
The Postcode Pricing Model uses changes in average sales price within the SE26 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 | 51.207 % | £225,308 | £665,308 |
| 3 Month Average | 2.576 % | £11,332 | £451,332 |
| 6 Month Average | 5.427 % | £23,879 | £463,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £470,702 | £465,000 | 26 HIGH LEVEL DRIVE |
| 17 Feb 2023 | £534,640 | £535,000 | FLAT 19 DANE HOUSE EXETER PLACE |
| 29 Sep 2022 | £5,642,160 | £5,687,723 | 27 HIGH LEVEL DRIVE |
| 15 Jul 2022 | £459,412 | £458,175 | 12 VIGILANT CLOSE |
| 1 Jun 2022 | £608,601 | £600,000 | FLAT 4 DANE HOUSE EXETER PLACE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 2 Aug 2018. Using an estimated price of £542,197 means this house is valued at £5,476 per sq meter (£508 per sq foot).
The average size of a house on VIGILANT CLOSE is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Talisman Square |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near High Level Drive |