£828,441
This estimated value is based upon the latest sale price for the house of £369,950 on 17 Oct 2003. 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 |
|---|---|
| £369,950 | 17 Oct 2003 |
| £147,500 | 28 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £369,950 results in an estimated price of approximately £828,441.
| 17 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £369,950 | £458,491 | £828,441 |
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 | 352.966 % | £1,305,797 | £1,675,747 |
| 3 Month Average | 163.908 % | £606,376 | £976,326 |
| 6 Month Average | 174.580 % | £645,857 | £1,015,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £798,980 | £785,000 | 15 RADLET AVENUE |
| 31 Jul 2023 | £253,411 | £250,000 | 39 KIRKDALE |
| 2 Jun 2023 | £1,265,327 | £1,250,000 | 21 THORPEWOOD AVENUE |
| 12 Oct 2022 | £296,804 | £300,000 | 23 HEATHEDGE |
| 19 Aug 2022 | £1,157,883 | £1,161,000 | 28 THORPEWOOD AVENUE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 9 Sep 2014. Using an estimated price of £828,442 means this house is valued at £7,141 per sq meter (£663 per sq foot).
The average size of a house on THORPEWOOD AVENUE is 147 sq meters (1,592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heathedge |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathedge |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Heathedge |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathedge |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorpewood Avenue |