£391,810
This estimated value is based upon the latest sale price for the house of £319,500 on 29 Oct 2019. 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 |
---|---|
£319,500 | 29 Oct 2019 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £319,500 results in an estimated price of approximately £391,810.
29 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £319,500 | £72,310 | £391,810 |
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 | 30.851 % | £98,567 | £418,067 |
3 Month Average | 61.341 % | £195,984 | £515,484 |
6 Month Average | 23.549 % | £75,239 | £394,739 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £379,857 | £375,000 | 89 LAKEHALL ROAD |
7 Mar 2022 | £430,049 | £415,000 | 26 NORMAN ROAD |
9 Jul 2021 | £257,435 | £224,000 | 90A LAKEHALL ROAD |
18 Dec 2020 | £522,210 | £455,000 | 26 LAKEHALL GARDENS |
27 Nov 2020 | £477,654 | £412,000 | 78 LAKEHALL ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 5 Sep 2019. Using an estimated price of £391,810 means this house is valued at £5,294 per sq meter (£491 per sq foot).
The average size of a house on LAKEHALL ROAD is 82 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Lakehall Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lakehall Road |
Dec 2023 | Anti-social behaviour | On or near Ford Close | |
Dec 2023 | Anti-social behaviour | On or near Ford Close | |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ford Close |