£1,258,888
This estimated value is based upon the latest sale price for the house of £1,255,500 on 25 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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58 London Road, Forest Hill, SE23 3HF
Phone: 02036411970
| Price Paid | Date |
|---|---|
| £1,255,500 | 25 Jul 2022 |
| £479,000 | 21 Feb 2011 |
| £373,000 | 1 Dec 2005 |
| £114,500 | 11 Dec 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,185 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 July 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £1,255,500 results in an estimated price of approximately £1,258,888.
| 25 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £1,255,500 | £3,388 | £1,258,888 |
The Postcode Pricing Model uses changes in average sales price within the SE23 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 | -45.364 % | £-569,542 | £685,957 |
| 3 Month Average | -28.642 % | £-359,599 | £895,900 |
| 6 Month Average | -8.450 % | £-106,095 | £1,149,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £526,735 | £520,000 | FLAT 3 143 FOREST HILL ROAD |
| 30 Aug 2023 | £373,265 | £370,000 | FLAT 4 143 FOREST HILL ROAD |
| 14 Aug 2023 | £1,513,238 | £1,500,000 | 39 CANONBIE ROAD |
| 25 Jul 2022 | £1,258,889 | £1,255,500 | 8 NETHERBY ROAD |
| 31 May 2022 | £275,185 | £270,000 | 27 GREYSTEAD ROAD |
This house has a floor area of 110 sq meters or 1,185 sq feet when measured on 13 Dec 2010. Using an estimated price of £1,258,889 means this house is valued at £11,427 per sq meter (£1,061 per sq foot).
The average size of a house on NETHERBY ROAD is 136 sq meters (1,464 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Netherby Road | |
| Feb 2024 | Anti-social behaviour | On or near Netherby Road | |
| Feb 2024 | Theft from the person | Under investigation | On or near Netherby Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Netherby Road |
| Apr 2024 | Other theft | Under investigation | On or near Greystead Road |