£367,121
This estimated value is based upon the latest sale price for the house of £304,000 on 4 Sep 2020. 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 |
---|---|
£304,000 | 4 Sep 2020 |
£270,000 | 10 Jul 2020 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 September 2020 the House Price Index for GREATER LONDON was 83.8.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 20.764%.Applying this 20.764% change to the original purchase price of £304,000 results in an estimated price of approximately £367,121.
4 Sep 2020 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.8 | 101.2 | 20.764 % | £304,000 | £63,121 | £367,121 |
The Postcode Pricing Model uses changes in average sales price within the CR7 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 | 66.776 % | £202,999 | £506,999 |
3 Month Average | 15.821 % | £48,096 | £352,096 |
6 Month Average | 38.678 % | £117,581 | £421,581 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Apr 2023 | £307,911 | £300,000 | 285 BENSHAM LANE |
30 Nov 2022 | £477,833 | £475,000 | 66 TORRIDGE ROAD |
29 Jul 2022 | £429,333 | £420,000 | 2 PENSHURST ROAD |
14 Jul 2022 | £429,333 | £420,000 | 309 BENSHAM LANE |
11 Apr 2022 | £435,212 | £415,000 | 81 TORRIDGE ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 7 Dec 2021. Using an estimated price of £367,122 means this house is valued at £3,530 per sq meter (£327 per sq foot).
The average size of a house on HASLEMERE ROAD is 94 sq meters (1,018 sq feet).