£605,285
This estimated value is based upon the latest sale price for the house of £560,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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117 High Street, Penge, SE20 7DS
Phone: 02081151066
Price Paid | Date |
---|---|
£560,000 | 25 Jun 2021 |
£515,550 | 6 May 2016 |
£235,000 | 6 May 2010 |
Semi-Detached |
Freehold |
Floor Area: 51 sq meters or 551 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £560,000 results in an estimated price of approximately £605,285.
25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £560,000 | £45,285 | £605,285 |
The Postcode Pricing Model uses changes in average sales price within the SE20 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 | -13.605 % | £-76,189 | £483,810 |
3 Month Average | -10.391 % | £-58,189 | £501,810 |
6 Month Average | -14.378 % | £-80,517 | £479,482 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jun 2024 | £575,000 | £575,000 | 21 PRINCES ROAD |
12 Apr 2024 | £580,037 | £575,000 | 62 EDWARD ROAD |
14 Dec 2023 | £615,926 | £597,000 | 6 ALEXANDRA COTTAGES HARDINGS LANE |
6 Sep 2023 | £613,525 | £600,000 | 46 ALBERT ROAD |
6 Dec 2021 | £53,965 | £50,000 | 162A PARISH LANE |
This house has a floor area of 51 sq meters or 551 sq feet when measured on 2 Dec 2009. Using an estimated price of £605,285 means this house is valued at £11,821 per sq meter (£1,098 per sq foot).
The average size of a house on ALBERT ROAD is 77 sq meters (832 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (551 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Albert Road |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albert Road |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Albert Road |
Aug 2024 | Anti-social behaviour | On or near Hardings Lane | |
Aug 2024 | Anti-social behaviour | On or near Hardings Lane |