£883,494
This estimated value is based upon the latest sale price for the house of £637,000 on 2 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 London Road, Forest Hill, London, SE23 3PH
Phone: 02034783484
| Price Paid | Date |
|---|---|
| £637,000 | 2 Nov 2015 |
| £350,000 | 11 Aug 2006 |
| £210,000 | 17 Mar 2000 |
| Terraced |
| 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 November 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £637,000 results in an estimated price of approximately £883,494.
| 2 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.0 | 38.696 % | £637,000 | £246,494 | £883,494 |
The Postcode Pricing Model uses changes in average sales price within the SE22 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 | 14.078 % | £89,679 | £726,679 |
| 3 Month Average | 22.178 % | £141,276 | £778,276 |
| 6 Month Average | 21.550 % | £137,271 | £774,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £741,019 | £727,000 | 162 OVERHILL ROAD |
| 6 Nov 2023 | £118,522 | £117,000 | FLAT 6 NORMAN COURT LORDSHIP LANE |
| 16 Sep 2022 | £316,155 | £320,000 | FLAT 46 CAMPBELL COURT LORDSHIP LANE |
| 2 Sep 2022 | £355,674 | £360,000 | FLAT 4 178 OVERHILL ROAD |
| 8 Jul 2022 | £339,541 | £340,000 | FLAT 22 NORMAN COURT LORDSHIP LANE |