£1,222,503
This estimated value is based upon the latest sale price for the house of £975,000 on 23 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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180 Perry Vale, Forest Hill, SE23 2LR
Phone: 02080338808
| Price Paid | Date |
|---|---|
| £975,000 | 23 Aug 2017 |
| £320,000 | 11 Jan 2016 |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £975,000 results in an estimated price of approximately £1,222,503.
| 23 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £975,000 | £247,503 | £1,222,503 |
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 | -29.188 % | £-284,580 | £690,419 |
| 3 Month Average | -2.600 % | £-25,346 | £949,653 |
| 6 Month Average | 14.421 % | £140,599 | £1,115,599 |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 23 Jul 2015.
The average size of a house on FARREN ROAD is 91 sq meters (983 sq feet).