£603,244
This estimated value is based upon the latest sale price for the house of £430,000 on 18 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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117 High Street, Penge, SE20 7DS
Phone: 02081151066
| Price Paid | Date |
|---|---|
| £430,000 | 18 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £430,000 results in an estimated price of approximately £603,244.
| 18 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £430,000 | £173,244 | £603,244 |
The Postcode Pricing Model uses changes in average sales price within the SE20 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 | 41.236 % | £177,315 | £607,315 |
| 3 Month Average | 24.605 % | £105,801 | £535,801 |
| 6 Month Average | 13.613 % | £58,537 | £488,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £580,037 | £575,000 | 62 EDWARD ROAD |
| 27 Oct 2023 | £634,409 | £620,000 | 122 VICTOR ROAD |
| 27 Oct 2023 | £598,595 | £585,000 | 125 VICTOR ROAD |
| 22 Feb 2023 | £447,993 | £445,000 | 98 EDWARD ROAD |
| 13 Feb 2023 | £568,800 | £565,000 | 120 PARISH LANE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 10 Jul 2015. Using an estimated price of £603,244 means this house is valued at £10,054 per sq meter (£934 per sq foot).
The average size of a house on VICTOR ROAD is 74 sq meters (796 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parish Lane |
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Parish Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parish Lane |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tennyson Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Victor Road |