£425,565
This estimated value is based upon the latest sale price for the house of £250,000 on 2 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Melfort Road
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Penhurst Road, Thornton Heath, CR7 7EF
Phone: 02081154016
| Price Paid | Date |
|---|---|
| £250,000 | 2 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.226%.Applying this 70.226% change to the original purchase price of £250,000 results in an estimated price of approximately £425,565.
| 2 Mar 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.0 | 70.226 % | £250,000 | £175,565 | £425,565 |
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 | 116.545 % | £291,361 | £541,361 |
| 3 Month Average | 43.542 % | £108,855 | £358,855 |
| 6 Month Average | 71.680 % | £179,200 | £429,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £479,536 | £475,000 | 226 MELFORT ROAD |
| 17 Mar 2023 | £212,448 | £211,300 | 244 MELFORT ROAD |
| 10 Mar 2023 | £653,533 | £650,000 | 172 MELFORT ROAD |
| 16 Mar 2022 | £454,114 | £440,000 | 151 MELFORT ROAD |
| 16 Dec 2021 | £330,786 | £310,000 | 158 NORBURY AVENUE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 29 Jul 2021. Using an estimated price of £425,566 means this house is valued at £3,606 per sq meter (£335 per sq foot).
The average size of a house on MELFORT ROAD is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melfort Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melfort Road |
| Mar 2024 | Burglary | Under investigation | On or near Melfort Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melfort Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Melfort Road |