£552,610
This estimated value is based upon the latest sale price for the house of £416,000 on 9 Sep 2016. 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 |
|---|---|
| £416,000 | 9 Sep 2016 |
| £250,000 | 27 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 745 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 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £416,000 results in an estimated price of approximately £552,610.
| 9 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £416,000 | £136,610 | £552,610 |
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 | 71.344 % | £296,789 | £712,789 |
| 3 Month Average | -11.190 % | £-46,550 | £369,449 |
| 6 Month Average | 6.487 % | £26,985 | £442,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £303,885 | £300,000 | FLAT 13 524 LORDSHIP LANE |
| 15 Aug 2022 | £334,101 | £335,000 | FLAT 8 EPPING COURT HIGHWOOD CLOSE |
| 15 Jul 2022 | £406,594 | £405,500 | FLAT 4 STOKE COURT HIGHWOOD CLOSE |
| 23 May 2022 | £126,381 | £124,000 | FLAT 9 EPPING COURT HIGHWOOD CLOSE |
| 9 May 2022 | £382,202 | £375,000 | FLAT 2 STOKE COURT HIGHWOOD CLOSE |
This house has a floor area of 69 sq meters or 745 sq feet when measured on 12 Nov 2009. Using an estimated price of £552,611 means this house is valued at £7,983 per sq meter (£741 per sq foot).
The average size of a house on HIGHWOOD CLOSE is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Highwood Close | |
| Dec 2023 | Anti-social behaviour | On or near Highwood Close | |
| Dec 2023 | Anti-social behaviour | On or near Highwood Close | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Highwood Close |
| Dec 2023 | Anti-social behaviour | On or near Highwood Close |