£429,760
This estimated value is based upon the latest sale price for the house of £420,000 on 26 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 London Road, Forest Hill, London, SE23 3PH
Phone: 02034783484
| Price Paid | Date |
|---|---|
| £420,000 | 26 Oct 2023 |
| £353,000 | 24 Aug 2018 |
| £188,500 | 15 Jun 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 558 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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £420,000 results in an estimated price of approximately £429,760.
| 26 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £420,000 | £9,760 | £429,760 |
The Postcode Pricing Model uses changes in average sales price within the SE26 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 | 58.824 % | £247,058 | £667,058 |
| 3 Month Average | -7.114 % | £-29,879 | £390,120 |
| 6 Month Average | -5.162 % | £-21,682 | £398,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £300,000 | £300,000 | FLAT 5 RIVER HOUSE SYDENHAM HILL |
| 26 Oct 2023 | £429,761 | £420,000 | 22A OAKSFORD AVENUE |
| 8 Sep 2023 | £736,230 | £720,000 | 45 PANMURE ROAD |
| 14 Aug 2023 | £1,378,869 | £1,354,000 | 39 PANMURE ROAD |
| 19 Jul 2022 | £937,393 | £928,000 | 35 PANMURE ROAD |
This house has a floor area of 51 sq meters or 558 sq feet when measured on 2 Oct 2008. Using an estimated price of £429,761 means this house is valued at £8,278 per sq meter (£769 per sq foot).
The average size of a house on OAKSFORD AVENUE is 74 sq meters (804 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (558 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Springfield Rise |
| Apr 2024 | Robbery | Under investigation | On or near Springfield Rise |