£372,765
This estimated value is based upon the latest sale price for the house of £238,000 on 15 Oct 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 |
|---|---|
| £238,000 | 15 Oct 2007 |
| £77,000 | 1 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £238,000 results in an estimated price of approximately £372,765.
| 15 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £238,000 | £134,765 | £372,765 |
The Postcode Pricing Model uses changes in average sales price within the SE23 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 | 93.809 % | £223,265 | £461,265 |
| 3 Month Average | 84.775 % | £201,764 | £439,764 |
| 6 Month Average | 101.848 % | £242,397 | £480,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £412,681 | £400,000 | 79 ELIOT BANK |
| 20 Dec 2023 | £263,084 | £255,000 | FLAT 55 FOREST CROFT TAYMOUNT RISE |
| 18 Oct 2023 | £327,437 | £320,000 | FLAT 63 FOREST CROFT TAYMOUNT RISE |
| 9 Sep 2022 | £399,733 | £400,000 | FLAT 61 FOREST CROFT TAYMOUNT RISE |
| 24 Jun 2022 | £487,930 | £477,500 | 6 GRIZEDALE TERRACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 25 Jun 2015. Using an estimated price of £372,766 means this house is valued at £4,841 per sq meter (£449 per sq foot).
The average size of a house on GRIZEDALE TERRACE is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Grizedale Terrace |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grizedale Terrace |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grizedale Terrace |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grizedale Terrace |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grizedale Terrace |