£490,551
This estimated value is based upon the latest sale price for the house of £380,000 on 3 Mar 2017. 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 |
|---|---|
| £380,000 | 3 Mar 2017 |
| £360,000 | 15 Jan 2016 |
| £278,000 | 1 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.093%.Applying this 29.093% change to the original purchase price of £380,000 results in an estimated price of approximately £490,551.
| 3 Mar 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.0 | 29.093 % | £380,000 | £110,551 | £490,551 |
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 | 28.513 % | £108,350 | £488,350 |
| 3 Month Average | -1.127 % | £-4,282 | £375,717 |
| 6 Month Average | 7.386 % | £28,065 | £408,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £135,458 | £135,000 | FIRST FLOOR FLAT AT 32 LUCERNE ROAD |
| 1 Dec 2023 | £494,353 | £485,000 | 33 BERNE ROAD |
| 10 Mar 2023 | £475,018 | £472,450 | 8 LUCERNE ROAD |
| 27 Jan 2023 | £421,299 | £425,000 | 5 LUCERNE ROAD |
| 13 Jan 2023 | £2,246,091 | £2,265,820 | 58 BERNE ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 15 Jul 2014. Using an estimated price of £490,552 means this house is valued at £6,454 per sq meter (£599 per sq foot).
The average size of a house on GENEVA ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Geneva Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Geneva Road |
| Apr 2024 | Anti-social behaviour | On or near Berne Road | |
| Apr 2024 | Anti-social behaviour | On or near Berne Road | |
| Apr 2024 | Anti-social behaviour | On or near Berne Road |