£547,834
This estimated value is based upon the latest sale price for the house of £480,000 on 15 Jan 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Richmond Road
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Penhurst Road, Thornton Heath, CR7 7EF
Phone: 02081154016
| Price Paid | Date |
|---|---|
| £480,000 | 15 Jan 2021 |
| £355,000 | 5 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 January 2021 the House Price Index for GREATER LONDON was 130.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.132%.Applying this 14.132% change to the original purchase price of £480,000 results in an estimated price of approximately £547,834.
| 15 Jan 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 148.6 | 14.132 % | £480,000 | £67,834 | £547,834 |
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 | 31.559 % | £151,482 | £631,482 |
| 3 Month Average | 23.192 % | £111,320 | £591,320 |
| 6 Month Average | 10.286 % | £49,373 | £529,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £465,958 | £460,000 | 36 FOXLEY ROAD |
| 11 Aug 2023 | £277,427 | £275,000 | FLAT 1 92 RICHMOND ROAD |
| 1 Aug 2023 | £464,060 | £460,000 | 7 LINDEN AVENUE |
| 16 Jun 2023 | £460,579 | £455,000 | 39 FOXLEY ROAD |
| 9 Jun 2023 | £415,027 | £410,000 | 23 RICHMOND ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 9 Jan 2015. Using an estimated price of £547,834 means this house is valued at £4,848 per sq meter (£450 per sq foot).
The average size of a house on RICHMOND ROAD is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Richmond Road | |
| Jan 2024 | Anti-social behaviour | On or near Richmond Road | |
| Jan 2024 | Burglary | Under investigation | On or near Richmond Road |
| Jan 2024 | Anti-social behaviour | On or near Richmond Road | |
| Dec 2023 | Anti-social behaviour | On or near Richmond Road |