£413,048
This estimated value is based upon the latest sale price for the house of £315,000 on 22 Dec 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 |
|---|---|
| £315,000 | 22 Dec 2016 |
| £440,000 | 15 Jun 2016 |
| £474,500 | 15 Jan 2015 |
| £55,000 | 8 Jul 1997 |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £315,000 results in an estimated price of approximately £413,048.
| 22 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £315,000 | £98,048 | £413,048 |
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 | 60.813 % | £191,561 | £506,561 |
| 3 Month Average | 3.658 % | £11,523 | £326,523 |
| 6 Month Average | 13.257 % | £41,760 | £356,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £118,758 | £117,000 | FLAT 6 NORMAN COURT LORDSHIP LANE |
| 16 Sep 2022 | £317,437 | £320,000 | FLAT 46 CAMPBELL COURT LORDSHIP LANE |
| 26 Aug 2022 | £747,987 | £750,000 | 467A LORDSHIP LANE |
| 8 Jul 2022 | £340,918 | £340,000 | FLAT 22 NORMAN COURT LORDSHIP LANE |
| 20 Jun 2022 | £413,341 | £407,500 | 457A LORDSHIP LANE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Feb 2016. Using an estimated price of £413,049 means this house is valued at £5,163 per sq meter (£479 per sq foot).
The average size of a house on LORDSHIP LANE is 78 sq meters (842 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Mount Adon Park | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mount Adon Park |
| Jan 2024 | Anti-social behaviour | On or near Mount Adon Park | |
| Jan 2024 | Anti-social behaviour | On or near Mount Adon Park | |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Mount Adon Park |