£365,992
This estimated value is based upon the latest sale price for the house of £342,500 on 30 Jun 2021. 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 |
---|---|
£342,500 | 30 Jun 2021 |
£312,000 | 31 Mar 2017 |
£78,000 | 14 Aug 1998 |
£52,500 | 19 Dec 1997 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £342,500 results in an estimated price of approximately £365,992.
30 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.0 | 6.859 % | £342,500 | £23,492 | £365,992 |
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 | 10.712 % | £36,687 | £379,187 |
3 Month Average | -23.724 % | £-81,255 | £261,244 |
6 Month Average | -5.786 % | £-19,815 | £322,684 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Feb 2022 | £365,561 | £350,000 | 266 BENSHAM LANE |
16 Dec 2021 | £341,456 | £320,000 | 200 BENSHAM LANE |
30 Sep 2021 | £358,463 | £334,000 | 220 BENSHAM LANE |
30 Jun 2021 | £365,993 | £342,500 | 282 BENSHAM LANE |
9 Oct 2020 | £701,008 | £600,000 | 231C BENSHAM LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 16 Sep 2016. Using an estimated price of £365,993 means this house is valued at £4,945 per sq meter (£459 per sq foot).
The average size of a house on BENSHAM LANE is 70 sq meters (758 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Fairgreen Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairgreen Road |
Mar 2024 | Anti-social behaviour | On or near Fairgreen Road | |
Mar 2024 | Vehicle crime | Under investigation | On or near Fairgreen Road |
Mar 2024 | Anti-social behaviour | On or near Fairgreen Road |