£386,298
This estimated value is based upon the latest sale price for the house of £86,000 on 23 Apr 1999. 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 |
|---|---|
| £86,000 | 23 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 April 1999 the House Price Index for GREATER LONDON was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £86,000 results in an estimated price of approximately £386,298.
| 23 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 149.7 | 349.184 % | £86,000 | £300,298 | £386,298 |
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 | 243.525 % | £209,431 | £295,431 |
| 3 Month Average | 278.532 % | £239,537 | £325,537 |
| 6 Month Average | 288.130 % | £247,791 | £333,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £459,202 | £450,000 | 6 NORMAN ROAD |
| 11 Aug 2022 | £364,705 | £363,000 | 97 PENSHURST ROAD |
| 30 Mar 2022 | £459,331 | £440,000 | 69 HASLEMERE ROAD |
| 7 Mar 2022 | £433,232 | £415,000 | 26 NORMAN ROAD |
| 21 Feb 2022 | £369,760 | £350,000 | 90 PENSHURST ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 28 Nov 2013. Using an estimated price of £386,298 means this house is valued at £4,710 per sq meter (£437 per sq foot).
The average size of a house on PENSHURST ROAD is 86 sq meters (929 sq feet).