£408,244
This estimated value is based upon the latest sale price for the house of £215,000 on 28 Oct 2004. 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 |
|---|---|
| £215,000 | 28 Oct 2004 |
| £79,800 | 2 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2004 the House Price Index for GREATER LONDON was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £215,000 results in an estimated price of approximately £408,244.
| 28 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £215,000 | £193,244 | £408,244 |
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 | 118.256 % | £254,251 | £469,251 |
| 3 Month Average | 153.264 % | £329,516 | £544,516 |
| 6 Month Average | 114.661 % | £246,520 | £461,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £410,525 | £405,000 | 97 LAKEHALL ROAD |
| 12 Jun 2023 | £455,518 | £450,000 | 6 NORMAN ROAD |
| 11 Aug 2022 | £362,026 | £363,000 | 97 PENSHURST ROAD |
| 1 Jul 2022 | £406,093 | £405,000 | 105 LAKEHALL ROAD |
| 30 Mar 2022 | £455,955 | £440,000 | 69 HASLEMERE ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Dec 2021. Using an estimated price of £408,244 means this house is valued at £4,343 per sq meter (£403 per sq foot).
The average size of a house on PENSHURST ROAD is 86 sq meters (929 sq feet).