£324,365
This estimated value is based upon the latest sale price for the house of £320,000 on 7 Jul 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 |
|---|---|
| £320,000 | 7 Jul 2023 |
| Flats/Maisonettes |
| Leasehold |
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 2023 the House Price Index for GREATER LONDON was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £320,000 results in an estimated price of approximately £324,365.
| 7 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £320,000 | £4,365 | £324,365 |
The Postcode Pricing Model uses changes in average sales price within the SE26 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 | 122.168 % | £390,937 | £710,937 |
| 3 Month Average | -2.185 % | £-6,993 | £313,006 |
| 6 Month Average | 6.379 % | £20,411 | £340,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £744,519 | £735,000 | 33 LAMMAS GREEN |
| 7 Jul 2023 | £324,366 | £320,000 | FLAT 2 FARLEY HOUSE SYDENHAM HILL |
| 23 Jun 2023 | £320,887 | £317,000 | FLAT 5 CISSBURY HOUSE SYDENHAM HILL |
| 22 Jul 2022 | £2,331,275 | £2,325,000 | THE COTTAGE MOUNT GARDENS |
| 10 Dec 2021 | £374,982 | £350,000 | 41 LAMMAS GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oaksford Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oaksford Avenue |