£421,473
This estimated value is based upon the latest sale price for the house of £270,000 on 14 Sep 2007. 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 |
|---|---|
| £270,000 | 14 Sep 2007 |
| £65,000 | 20 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 September 2007 the House Price Index for GREATER LONDON was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £270,000 results in an estimated price of approximately £421,473.
| 14 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £270,000 | £151,473 | £421,473 |
The Postcode Pricing Model uses changes in average sales price within the SE22 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 | 194.771 % | £525,881 | £795,881 |
| 3 Month Average | 62.538 % | £168,851 | £438,851 |
| 6 Month Average | 87.177 % | £235,377 | £505,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £809,158 | £795,000 | 2 STREAMLINE MEWS |
| 6 Apr 2023 | £272,939 | £270,000 | FLAT 6 LEVANDE, 479 LORDSHIP LANE |
| 17 Mar 2023 | £898,465 | £890,000 | 41 BELVOIR ROAD |
| 24 Feb 2023 | £262,323 | £262,500 | FLAT 7 LEVANDE, 479 LORDSHIP LANE |
| 8 Feb 2023 | £261,224 | £261,400 | FLAT C 501 LORDSHIP LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 1 Sep 2021. Using an estimated price of £421,474 means this house is valued at £5,139 per sq meter (£477 per sq foot).
The average size of a house on MELFORD ROAD is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Streamline Mews |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Streamline Mews |
| Dec 2023 | Anti-social behaviour | On or near Streamline Mews | |
| Dec 2023 | Anti-social behaviour | On or near Streamline Mews | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Streamline Mews |