£437,664
This estimated value is based upon the latest sale price for the house of £425,000 on 28 Apr 2022. 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 Orchard Close
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58 London Road, Forest Hill, SE23 3HF
Phone: 02036411970
Price Paid | Date |
---|---|
£425,000 | 28 Apr 2022 |
£300,000 | 16 Dec 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £425,000 results in an estimated price of approximately £437,664.
28 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £425,000 | £12,664 | £437,664 |
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 | -31.238 % | £-132,760 | £292,239 |
3 Month Average | -21.392 % | £-90,913 | £334,086 |
6 Month Average | -6.542 % | £-27,802 | £397,197 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £1,374,041 | £1,350,000 | 7 HONOR OAK RISE |
25 Sep 2023 | £379,857 | £375,000 | 22 HONOR OAK RISE |
8 Sep 2023 | £314,015 | £310,000 | 79 HONOR OAK RISE |
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 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 22 Sep 2020. Using an estimated price of £437,665 means this house is valued at £8,416 per sq meter (£781 per sq foot).
The average size of a house on HONOR OAK RISE is 92 sq meters (993 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Orchard Close |
Mar 2024 | Burglary | Under investigation | On or near Orchard Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Buckstone Close |
Apr 2024 | Robbery | Under investigation | On or near One Tree Close |
Mar 2024 | Vehicle crime | Under investigation | On or near One Tree Close |