£613,524
This estimated value is based upon the latest sale price for the house of £600,000 on 6 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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117 High Street, Penge, SE20 7DS
Phone: 02081151066
| Price Paid | Date |
|---|---|
| £600,000 | 6 Sep 2023 |
| £315,000 | 6 Jul 2012 |
| £249,950 | 28 Jul 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £600,000 results in an estimated price of approximately £613,524.
| 6 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £600,000 | £13,524 | £613,524 |
The Postcode Pricing Model uses changes in average sales price within the SE20 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 | -24.858 % | £-149,146 | £450,853 |
| 3 Month Average | 19.334 % | £116,002 | £716,002 |
| 6 Month Average | 7.836 % | £47,015 | £647,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £575,000 | £575,000 | 21 PRINCES ROAD |
| 12 Apr 2024 | £580,037 | £575,000 | 62 EDWARD ROAD |
| 14 Dec 2023 | £615,926 | £597,000 | 6 ALEXANDRA COTTAGES HARDINGS LANE |
| 6 Sep 2023 | £613,525 | £600,000 | 46 ALBERT ROAD |
| 6 Dec 2021 | £53,965 | £50,000 | 162A PARISH LANE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Feb 2012. Using an estimated price of £613,525 means this house is valued at £8,762 per sq meter (£814 per sq foot).
The average size of a house on ALBERT ROAD is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Albert Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albert Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Albert Road |
| Aug 2024 | Anti-social behaviour | On or near Hardings Lane | |
| Aug 2024 | Anti-social behaviour | On or near Hardings Lane |