£28,930
This estimated value is based upon the latest sale price for the house of £25,500 on 19 Aug 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 |
|---|---|
| £25,500 | 19 Aug 2021 |
| Leasehold |
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 2021 the House Price Index for GREATER LONDON was 89.2.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 13.453%.Applying this 13.453% change to the original purchase price of £25,500 results in an estimated price of approximately £28,930.
| 19 Aug 2021 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 101.2 | 13.453 % | £25,500 | £3,430 | £28,930 |
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 | 136.843 % | £34,894 | £60,394 |
| 3 Month Average | 33.360 % | £8,506 | £34,006 |
| 6 Month Average | 21.989 % | £5,607 | £31,107 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £307,911 | £300,000 | 285 BENSHAM LANE |
| 14 Jul 2022 | £429,333 | £420,000 | 309 BENSHAM LANE |
| 19 Aug 2021 | £28,930 | £25,500 | BASEMENT 361 BENSHAM LANE |
| 7 Jun 2021 | £294,440 | £270,000 | 371B BENSHAM LANE |
| 23 Dec 2020 | £175,087 | £150,000 | FLAT 23 CHANDLER COURT, 340 BENSHAM LANE |