£521,187
This estimated value is based upon the latest sale price for the house of £425,000 on 18 Oct 2019. 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 |
|---|---|
| £425,000 | 18 Oct 2019 |
| £305,000 | 28 Nov 2018 |
| £275,000 | 28 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 527 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £425,000 results in an estimated price of approximately £521,187.
| 18 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £425,000 | £96,187 | £521,187 |
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 | 130.849 % | £556,108 | £981,108 |
| 3 Month Average | 3.125 % | £13,281 | £438,281 |
| 6 Month Average | 9.953 % | £42,299 | £467,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £832,281 | £825,000 | 45 KIRKDALE |
| 31 Jul 2023 | £253,411 | £250,000 | 39 KIRKDALE |
| 30 Jun 2023 | £427,681 | £422,500 | FLAT E 48 KIRKDALE |
| 19 Aug 2022 | £1,157,883 | £1,161,000 | 28 THORPEWOOD AVENUE |
| 24 Mar 2022 | £1,077,713 | £1,040,000 | 46 THORPEWOOD AVENUE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 2 Oct 2018. Using an estimated price of £521,187 means this house is valued at £10,636 per sq meter (£988 per sq foot).
The average size of a house on HASSOCKS CLOSE is 96 sq meters (1,043 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mount Ash Road |
| Jan 2024 | Anti-social behaviour | On or near Mount Gardens | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Mount Gardens |
| Jan 2024 | Anti-social behaviour | On or near Mount Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Mount Gardens |