£363,635
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 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £304,000 results in an estimated price of approximately £363,635.
| 4 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £304,000 | £59,635 | £363,635 |
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 | 45.642 % | £138,751 | £442,751 |
| 3 Month Average | 13.259 % | £40,307 | £344,307 |
| 6 Month Average | 26.881 % | £81,718 | £385,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £460,458 | £450,000 | 345 BENSHAM LANE |
| 30 Aug 2023 | £437,898 | £430,000 | 61 TORRIDGE ROAD |
| 21 Feb 2023 | £32,719 | £32,500 | 363 BENSHAM LANE |
| 30 Nov 2022 | £472,789 | £475,000 | 66 TORRIDGE ROAD |
| 29 Jul 2022 | £424,251 | £420,000 | 2 PENSHURST 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 £363,636 means this house is valued at £3,496 per sq meter (£324 per sq foot).
The average size of a house on HASLEMERE ROAD is 94 sq meters (1,018 sq feet).