£531,282
This estimated value is based upon the latest sale price for the house of £340,000 on 1 Aug 2007. 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 |
|---|---|
| £340,000 | 1 Aug 2007 |
| £242,000 | 20 Nov 2003 |
| £170,000 | 29 May 2001 |
| Semi-Detached |
| Freehold |
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 August 2007 the House Price Index for GREATER LONDON was 94.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.259%.Applying this 56.259% change to the original purchase price of £340,000 results in an estimated price of approximately £531,282.
| 1 Aug 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.0 | 56.259 % | £340,000 | £191,282 | £531,282 |
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 | 223.910 % | £761,293 | £1,101,293 |
| 3 Month Average | 97.393 % | £331,135 | £671,135 |
| 6 Month Average | 105.385 % | £358,309 | £698,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £415,332 | £410,000 | 6 OTTO CLOSE |
| 10 Aug 2023 | £653,977 | £650,000 | 8A KIRKDALE |
| 8 Aug 2023 | £407,478 | £405,000 | 25B MOUNT ASH ROAD |
| 2 Feb 2023 | £845,999 | £850,000 | 31 MOUNT ASH ROAD |
| 15 Nov 2022 | £590,426 | £600,000 | 16 KIRKDALE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Otto Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Otto Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Otto Close |
| Jan 2024 | Robbery | Under investigation | On or near Otto Close |
| Jan 2024 | Anti-social behaviour | On or near Mount Gardens |