£653,053
This estimated value is based upon the latest sale price for the house of £549,995 on 24 Sep 2020. 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 |
---|---|
£549,995 | 24 Sep 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £549,995 results in an estimated price of approximately £653,053.
24 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £549,995 | £103,058 | £653,053 |
The Postcode Pricing Model uses changes in average sales price within the SE23 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 | -47.635 % | £-261,988 | £288,006 |
3 Month Average | -6.394 % | £-35,166 | £514,828 |
6 Month Average | 4.951 % | £27,228 | £577,223 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £340,000 | £340,000 | 170 WOOD VALE |
26 Jul 2023 | £745,027 | £735,000 | 148B WOOD VALE |
9 Sep 2022 | £887,830 | £895,000 | 5 MOONLIGHT DRIVE |
9 Mar 2022 | £860,098 | £830,000 | 85 WESTWOOD PARK |
24 Feb 2022 | £1,006,747 | £960,000 | 75 WESTWOOD PARK |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Feb 2020. Using an estimated price of £653,054 means this house is valued at £9,464 per sq meter (£879 per sq foot).
The average size of a house on MOONLIGHT DRIVE is 145 sq meters (1,560 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Moonlight Drive |
Feb 2024 | Vehicle crime | Under investigation | On or near Moonlight Drive |
Feb 2024 | Bicycle theft | Under investigation | On or near Moonlight Drive |
Apr 2024 | Burglary | Under investigation | On or near Buckley Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Buckley Close |