£324,430
This estimated value is based upon the latest sale price for the house of £161,000 on 6 May 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
Penhurst Road, Thornton Heath, CR7 7EF
Phone: 02081154016
Price Paid | Date |
---|---|
£161,000 | 6 May 2004 |
Terraced |
Freehold |
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 May 2004 the House Price Index for GREATER LONDON was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £161,000 results in an estimated price of approximately £324,430.
6 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £161,000 | £163,430 | £324,430 |
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 | 136.897 % | £220,403 | £381,403 |
3 Month Average | 147.120 % | £236,862 | £397,862 |
6 Month Average | 108.894 % | £175,319 | £336,319 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Feb 2022 | £367,043 | £350,000 | 266 BENSHAM LANE |
30 Sep 2021 | £359,916 | £334,000 | 220 BENSHAM LANE |
30 Jun 2021 | £367,477 | £342,500 | 282 BENSHAM LANE |
9 Oct 2020 | £703,850 | £600,000 | 231C BENSHAM LANE |
14 Sep 2020 | £344,341 | £290,000 | 290 BENSHAM LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 Sep 2020. Using an estimated price of £324,431 means this house is valued at £4,915 per sq meter (£456 per sq foot).
The average size of a house on BENSHAM LANE is 70 sq meters (758 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Lakehall Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lakehall Road |