£768,605
This estimated value is based upon the latest sale price for the house of £210,000 on 25 Oct 2000. 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 |
|---|---|
| £210,000 | 25 Oct 2000 |
| £114,000 | 23 Oct 1998 |
| 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 October 2000 the House Price Index for GREATER LONDON was 40.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 266.003%.Applying this 266.003% change to the original purchase price of £210,000 results in an estimated price of approximately £768,605.
| 25 Oct 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 148.6 | 266.003 % | £210,000 | £558,605 | £768,605 |
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 | 239.853 % | £503,690 | £713,690 |
| 3 Month Average | 267.194 % | £561,107 | £771,107 |
| 6 Month Average | 237.518 % | £498,787 | £708,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £91,352 | £90,000 | 147 MELFORT ROAD |
| 19 Jul 2023 | £481,480 | £475,000 | 226 MELFORT ROAD |
| 17 Mar 2023 | £213,310 | £211,300 | 244 MELFORT ROAD |
| 10 Mar 2023 | £656,182 | £650,000 | 172 MELFORT ROAD |
| 16 Mar 2022 | £455,955 | £440,000 | 151 MELFORT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melfort Road |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Melfort Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Melfort Road |