£271,108
This estimated value is based upon the latest sale price for the house of £220,000 on 12 Oct 2018. 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 |
|---|---|
| £220,000 | 12 Oct 2018 |
| £195,000 | 8 Jan 2018 |
| £175,000 | 20 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 October 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £220,000 results in an estimated price of approximately £271,108.
| 12 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £220,000 | £51,108 | £271,108 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | 13.431 % | £29,548 | £249,548 |
| 3 Month Average | -1.039 % | £-2,286 | £217,713 |
| 6 Month Average | -0.055 % | £-120 | £219,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £254,452 | £250,000 | FLAT 42 INNERD COURT, 1 CLARKE CLOSE |
| 14 Feb 2023 | £284,808 | £285,000 | FLAT 48 SPOTTISWOOD COURT, 3 HARRY CLOSE |
| 27 Jul 2022 | £260,702 | £260,000 | FLAT 26 INNERD COURT, 1 CLARKE CLOSE |
| 7 Jun 2022 | £85,204 | £84,000 | FLAT 52 INNERD COURT, 1 CLARKE CLOSE |
| 20 May 2022 | £270,089 | £265,000 | FLAT 31 INNERD COURT, 1 CLARKE CLOSE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 2 Aug 2016. Using an estimated price of £271,108 means this house is valued at £6,024 per sq meter (£559 per sq foot).
The average size of a house on CLARKE CLOSE is 64 sq meters (690 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Clarke Close |
| Jan 2024 | Anti-social behaviour | On or near Turner Crescent | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Turner Crescent |
| Jan 2024 | Anti-social behaviour | On or near Turner Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Turner Crescent |