£1,744,375
This estimated value is based upon the latest sale price for the house of £1,200,000 on 11 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47 Honor Oak Park, London, SE23 1EA
Phone: 02081152828
| Price Paid | Date |
|---|---|
| £1,200,000 | 11 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 221 sq meters or 2,378 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 45.365%.Applying this 45.365% change to the original purchase price of £1,200,000 results in an estimated price of approximately £1,744,375.
| 11 May 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.0 | 45.365 % | £1,200,000 | £544,375 | £1,744,375 |
The Postcode Pricing Model uses changes in average sales price within the SE23 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 | -24.495 % | £-293,939 | £906,060 |
| 3 Month Average | -0.143 % | £-1,714 | £1,198,285 |
| 6 Month Average | 26.065 % | £312,777 | £1,512,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £1,376,033 | £1,350,000 | 7 HONOR OAK RISE |
| 30 Aug 2023 | £372,264 | £370,000 | FLAT 4 143 FOREST HILL ROAD |
| 1 Jun 2023 | £483,924 | £480,000 | 2 ORCHARD CLOSE |
| 24 Apr 2023 | £516,993 | £513,150 | 42 HONOR OAK RISE |
| 24 Mar 2023 | £392,120 | £390,000 | 20 HONOR OAK RISE |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 11 Feb 2015. Using an estimated price of £1,744,376 means this house is valued at £7,893 per sq meter (£733 per sq foot).
The average size of a house on HONOR OAK RISE is 92 sq meters (993 sq feet).
This house is the largest in the street with a floor area of 221 sq meters (2,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near One Tree Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near One Tree Close |
| Jan 2024 | Anti-social behaviour | On or near One Tree Close | |
| Jan 2024 | Possession of weapons | Under investigation | On or near One Tree Close |
| Jan 2024 | Anti-social behaviour | On or near One Tree Close |