£512,348
This estimated value is based upon the latest sale price for the house of £386,000 on 4 Nov 2016. 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 |
---|---|
£386,000 | 4 Nov 2016 |
£43,500 | 7 Aug 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 677 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 November 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £386,000 results in an estimated price of approximately £512,348.
4 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £386,000 | £126,348 | £512,348 |
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 | 137.126 % | £529,305 | £915,305 |
3 Month Average | 47.173 % | £182,088 | £568,088 |
6 Month Average | 13.757 % | £53,102 | £439,102 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £300,000 | £300,000 | FLAT 5 RIVER HOUSE SYDENHAM HILL |
10 Nov 2023 | £420,679 | £410,000 | 6 OTTO CLOSE |
6 Sep 2023 | £751,568 | £735,000 | 33 LAMMAS GREEN |
8 Aug 2023 | £412,439 | £405,000 | 25B MOUNT ASH ROAD |
2 Feb 2023 | £855,716 | £850,000 | 31 MOUNT ASH ROAD |
This house has a floor area of 62 sq meters or 677 sq feet when measured on 28 Mar 2009. Using an estimated price of £512,349 means this house is valued at £8,145 per sq meter (£756 per sq foot).
The average size of a house on LAMMAS GREEN is 74 sq meters (806 sq feet).
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 |