£497,640
This estimated value is based upon the latest sale price for the house of £405,000 on 24 Jan 2020. 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 |
|---|---|
| £405,000 | 24 Jan 2020 |
| £305,000 | 22 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £405,000 results in an estimated price of approximately £497,640.
| 24 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £405,000 | £92,640 | £497,640 |
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 | -9.775 % | £-39,589 | £365,410 |
| 3 Month Average | -6.650 % | £-26,931 | £378,068 |
| 6 Month Average | 5.691 % | £23,049 | £428,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £470,369 | £460,000 | 36 FOXLEY ROAD |
| 11 Aug 2023 | £280,051 | £275,000 | FLAT 1 92 RICHMOND ROAD |
| 1 Aug 2023 | £468,449 | £460,000 | 7 LINDEN AVENUE |
| 16 Jun 2023 | £464,305 | £455,000 | 39 FOXLEY ROAD |
| 9 Jun 2023 | £418,384 | £410,000 | 23 RICHMOND ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 5 Jul 2014. Using an estimated price of £497,641 means this house is valued at £4,878 per sq meter (£453 per sq foot).
The average size of a house on RICHMOND ROAD is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Further/Higher Educational Building |
| Apr 2024 | Other crime | Under investigation | On or near Foxley Road |