£465,343
This estimated value is based upon the latest sale price for the house of £150,000 on 28 Feb 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Victor Road
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117 High Street, Penge, SE20 7DS
Phone: 02081151066
| Price Paid | Date |
|---|---|
| £150,000 | 28 Feb 2002 |
| £60,000 | 22 May 1996 |
| £43,000 | 12 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 February 2002 the House Price Index for GREATER LONDON was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £150,000 results in an estimated price of approximately £465,343.
| 28 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £150,000 | £315,343 | £465,343 |
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 | 271.210 % | £406,814 | £556,814 |
| 3 Month Average | 288.466 % | £432,699 | £582,699 |
| 6 Month Average | 251.475 % | £377,211 | £527,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £538,033 | £521,500 | 3 MORLAND ROAD |
| 10 Nov 2023 | £482,241 | £470,000 | 46 TENNYSON ROAD |
| 27 Oct 2023 | £598,595 | £585,000 | 125 VICTOR ROAD |
| 27 Oct 2023 | £634,409 | £620,000 | 122 VICTOR ROAD |
| 22 Feb 2023 | £447,993 | £445,000 | 98 EDWARD ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Aug 2015. Using an estimated price of £465,344 means this house is valued at £6,945 per sq meter (£645 per sq foot).
The average size of a house on VICTOR ROAD is 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Victor Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tennyson Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Tennyson Road |
| Sep 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Morland Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morland Road |