£1,247,499
This estimated value is based upon the latest sale price for the house of £1,145,000 on 30 Nov 2021. 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 |
---|---|
£1,145,000 | 30 Nov 2021 |
£215,000 | 7 Apr 1999 |
£160,000 | 6 Sep 1996 |
Semi-Detached |
Freehold |
Floor Area: 175 sq meters or 1,883 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £1,145,000 results in an estimated price of approximately £1,247,499.
30 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £1,145,000 | £102,499 | £1,247,499 |
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 | -12.010 % | £-137,513 | £1,007,486 |
3 Month Average | 8.956 % | £102,550 | £1,247,550 |
6 Month Average | -12.733 % | £-145,794 | £999,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £910,062 | £890,000 | 226 KENT HOUSE ROAD |
13 Mar 2023 | £798,332 | £785,000 | 240 KENT HOUSE ROAD |
29 Jul 2022 | £323,239 | £320,000 | 39A SOMERVILLE ROAD |
1 Jul 2022 | £595,972 | £590,000 | 15 SOMERVILLE ROAD |
8 Apr 2022 | £700,260 | £675,000 | 24 SOMERVILLE ROAD |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 11 Oct 2019. Using an estimated price of £1,247,500 means this house is valued at £7,128 per sq meter (£662 per sq foot).
The average size of a house on LENNARD ROAD is 115 sq meters (1,239 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Kent House Road |
Apr 2024 | Other crime | Under investigation | On or near Courtenay Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Courtenay Road |