£339,301
This estimated value is based upon the latest sale price for the house of £315,000 on 30 Nov 2021. 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 |
|---|---|
| £315,000 | 30 Nov 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £315,000 results in an estimated price of approximately £339,301.
| 30 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £315,000 | £24,301 | £339,301 |
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 | 1655.556 % | £5,215,000 | £5,530,000 |
| 3 Month Average | 22.778 % | £71,751 | £386,751 |
| 6 Month Average | 3.986 % | £12,555 | £327,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £319,591 | £317,000 | FLAT 5 CISSBURY HOUSE SYDENHAM HILL |
| 27 Jul 2022 | £319,568 | £320,000 | FLAT 9 GREYFRIARS WELLS PARK ROAD |
| 1 Jul 2022 | £467,868 | £468,500 | 24 PLANE STREET |
| 30 Nov 2021 | £339,301 | £315,000 | FLAT 5 PENDLE HOUSE SYDENHAM HILL |
| 5 Aug 2021 | £411,111 | £370,000 | FLAT 6 DUNDRY HOUSE SYDENHAM HILL |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 26 Mar 2013. Using an estimated price of £339,301 means this house is valued at £4,647 per sq meter (£431 per sq foot).
The average size of a house on SYDENHAM HILL is 111 sq meters (1,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wells Park Road |
| Apr 2024 | Drugs | Under investigation | On or near Wells Park Road |
| Apr 2024 | Drugs | Under investigation | On or near Wells Park Road |
| Apr 2024 | Public order | Under investigation | On or near Wells Park Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wells Park Road |