£471,980
This estimated value is based upon the latest sale price for the house of £460,000 on 15 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 London Road, Forest Hill, London, SE23 3PH
Phone: 02034783484
| Price Paid | Date |
|---|---|
| £460,000 | 15 Nov 2023 |
| £208,000 | 30 Mar 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 706 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 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £460,000 results in an estimated price of approximately £471,980.
| 15 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £460,000 | £11,980 | £471,980 |
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 | 147.690 % | £679,374 | £1,139,374 |
| 3 Month Average | 5.955 % | £27,394 | £487,394 |
| 6 Month Average | 2.980 % | £13,707 | £473,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £420,679 | £410,000 | FLAT 1 BEECH COURT, 69 WOOD VALE |
| 15 Nov 2023 | £471,981 | £460,000 | FLAT 4 CEDAR LODGE, 71 WOOD VALE |
| 29 Sep 2023 | £348,175 | £340,500 | FLAT 33 WOODLANDS COURT, 91 WOOD VALE |
| 31 Mar 2023 | £539,001 | £530,000 | FLAT 1 59 WOOD VALE |
| 24 Feb 2023 | £329,702 | £327,500 | FLAT 34 WOODLANDS COURT, 91 WOOD VALE |
This house has a floor area of 65 sq meters or 706 sq feet when measured on 22 Dec 2011. Using an estimated price of £471,981 means this house is valued at £7,194 per sq meter (£668 per sq foot).
The average size of a house on WOOD VALE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Wood Vale |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Wood Vale |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Underhill Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Underhill Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Underhill Road |