£405,795
This estimated value is based upon the latest sale price for the house of £185,000 on 5 Dec 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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58 London Road, Forest Hill, SE23 3HF
Phone: 02036411970
| Price Paid | Date |
|---|---|
| £185,000 | 5 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 December 2003 the House Price Index for GREATER LONDON was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £185,000 results in an estimated price of approximately £405,795.
| 5 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 149.7 | 119.349 % | £185,000 | £220,795 | £405,795 |
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 | 149.341 % | £276,280 | £461,280 |
| 3 Month Average | 158.844 % | £293,860 | £478,860 |
| 6 Month Average | 189.541 % | £350,650 | £535,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2024 | £739,000 | £739,000 | 5 FORESTHOLME CLOSE |
| 19 Mar 2024 | £324,993 | £320,000 | 14 WINDLEY CLOSE |
| 17 Nov 2023 | £241,121 | £235,000 | 46 WINDLEY CLOSE |
| 20 Oct 2023 | £317,204 | £310,000 | 1 WINDLEY CLOSE |
| 10 Mar 2023 | £661,039 | £650,000 | FLAT 1 UPTON LEAZE, 63 LONDON ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 21 Oct 2021. Using an estimated price of £405,796 means this house is valued at £4,611 per sq meter (£428 per sq foot).
The average size of a house on CADLEY TERRACE is 107 sq meters (1,161 sq feet).
This house is the smallest in the street with a floor area of 88 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windley Close |
| Oct 2024 | Drugs | Under investigation | On or near Forestholme Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highgate Walk |
| Oct 2024 | Theft from the person | Under investigation | On or near Torcross Drive |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Torcross Drive |