£264,314
This estimated value is based upon the latest sale price for the house of £49,000 on 2 Dec 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Penhurst Road, Thornton Heath, CR7 7EF
Phone: 02081154016
Price Paid | Date |
---|---|
£49,000 | 2 Dec 1996 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 1996 the House Price Index for GREATER LONDON was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £49,000 results in an estimated price of approximately £264,314.
2 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.5 | 148.6 | 439.417 % | £49,000 | £215,314 | £264,314 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | 281.823 % | £138,093 | £187,093 |
3 Month Average | 362.952 % | £177,846 | £226,846 |
6 Month Average | 346.986 % | £170,023 | £219,023 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £437,658 | £430,000 | 165 QUEENS ROAD |
20 Sep 2023 | £425,440 | £420,000 | 15 KIMBERLEY ROAD |
1 Aug 2023 | £277,427 | £275,000 | FLAT 6 WAIT COURT, 9 GOODMAN CRESCENT |
31 Jul 2023 | £316,763 | £312,500 | FLAT 2 NEWTON HOUSE, 175 QUEENS ROAD |
9 Feb 2023 | £254,829 | £255,000 | FLAT 7 HEAD COURT, 8 GOODMAN CRESCENT |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Feb 2019. Using an estimated price of £264,314 means this house is valued at £3,775 per sq meter (£350 per sq foot).
The average size of a house on QUEENS ROAD is 79 sq meters (851 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Goodman Crescent |