£528,359
This estimated value is based upon the latest sale price for the house of £430,000 on 3 Jan 2020. 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 |
|---|---|
| £430,000 | 3 Jan 2020 |
| £126,500 | 11 Apr 2000 |
| 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £430,000 results in an estimated price of approximately £528,359.
| 3 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £430,000 | £98,359 | £528,359 |
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 | -9.775 % | £-42,033 | £387,966 |
| 3 Month Average | -6.650 % | £-28,593 | £401,406 |
| 6 Month Average | 5.691 % | £24,472 | £454,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £378,340 | £370,000 | 138 LANGDALE ROAD |
| 18 Aug 2023 | £432,806 | £425,000 | 141 LANGDALE ROAD |
| 27 Jan 2023 | £461,232 | £460,000 | 144 LANGDALE ROAD |
| 13 Jan 2023 | £177,474 | £177,000 | 131 LANGDALE ROAD |
| 6 Apr 2022 | £420,156 | £405,000 | 60 LINDEN AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 29 May 2011. Using an estimated price of £528,359 means this house is valued at £6,001 per sq meter (£557 per sq foot).
The average size of a house on BEECHWOOD AVENUE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Beechwood Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Beechwood Avenue |