£1,158,979
This estimated value is based upon the latest sale price for the house of £948,575 on 3 Dec 2019. 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 |
|---|---|
| £948,575 | 3 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £948,575 results in an estimated price of approximately £1,158,979.
| 3 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £948,575 | £210,404 | £1,158,979 |
The Postcode Pricing Model uses changes in average sales price within the SE22 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 | 7.870 % | £74,650 | £1,023,225 |
| 3 Month Average | 29.691 % | £281,640 | £1,230,215 |
| 6 Month Average | -8.705 % | £-82,573 | £866,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £1,078,747 | £1,070,000 | 448 LORDSHIP LANE |
| 27 Jan 2023 | £381,648 | £385,000 | FLAT 4 369 UPLAND ROAD |
| 26 Aug 2022 | £744,966 | £750,000 | 467A LORDSHIP LANE |
| 20 Jun 2022 | £411,672 | £407,500 | 457A LORDSHIP LANE |
| 30 Mar 2022 | £567,643 | £550,000 | FLAT 2 463A LORDSHIP LANE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 16 Aug 2019. Using an estimated price of £1,158,980 means this house is valued at £8,278 per sq meter (£769 per sq foot).
The average size of a house on LORDSHIP LANE is 78 sq meters (842 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near A2216 |
| Mar 2024 | Bicycle theft | Under investigation | On or near A2216 |
| Mar 2024 | Robbery | Under investigation | On or near A2216 |
| Feb 2024 | Drugs | Under investigation | On or near A2216 |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near A2216 |