£372,587
This estimated value is based upon the latest sale price for the house of £269,500 on 5 Jan 2016. 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 |
---|---|
£269,500 | 5 Jan 2016 |
£105,000 | 24 Oct 2000 |
£69,000 | 24 Apr 1998 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £269,500 results in an estimated price of approximately £372,587.
5 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £269,500 | £103,087 | £372,587 |
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 | 24.722 % | £66,626 | £336,126 |
3 Month Average | 30.106 % | £81,134 | £350,634 |
6 Month Average | 19.732 % | £53,178 | £322,678 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £437,898 | £430,000 | 61 TORRIDGE ROAD |
21 Feb 2023 | £32,719 | £32,500 | 363 BENSHAM LANE |
3 Feb 2023 | £463,093 | £460,000 | 5 PENSHURST ROAD |
30 Nov 2022 | £472,789 | £475,000 | 66 TORRIDGE ROAD |
29 Jul 2022 | £424,251 | £420,000 | 2 PENSHURST ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 29 Oct 2015. Using an estimated price of £372,587 means this house is valued at £6,315 per sq meter (£586 per sq foot).
The average size of a house on TORRIDGE ROAD is 90 sq meters (978 sq feet).