£53,352
This estimated value is based upon the latest sale price for the house of £50,000 on 6 Dec 2021. 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 |
|---|---|
| £50,000 | 6 Dec 2021 |
| £50,000 | 9 Mar 2020 |
| Freehold |
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 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £50,000 results in an estimated price of approximately £53,352.
| 6 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £50,000 | £3,352 | £53,352 |
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 | 180.880 % | £90,440 | £140,440 |
| 3 Month Average | -7.958 % | £-3,979 | £46,020 |
| 6 Month Average | 8.573 % | £4,286 | £54,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £575,000 | £575,000 | 62 EDWARD ROAD |
| 14 Dec 2023 | £608,512 | £597,000 | 6 ALEXANDRA COTTAGES HARDINGS LANE |
| 8 Apr 2022 | £810,256 | £790,000 | 55 WORDSWORTH ROAD |
| 6 Dec 2021 | £53,353 | £50,000 | 162A PARISH LANE |
| 22 Nov 2021 | £582,737 | £541,000 | 68 EDWARD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Albert Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bycroft Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Penge Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Penge Lane |
| Feb 2024 | Burglary | Under investigation | On or near Wordsworth Road |