£403,465
This estimated value is based upon the latest sale price for the house of £325,000 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 London Road, Forest Hill, London, SE23 3PH
Phone: 02034783484
| Price Paid | Date |
|---|---|
| £325,000 | 12 Oct 2018 |
| £154,000 | 25 Dec 2005 |
| 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 October 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £325,000 results in an estimated price of approximately £403,465.
| 12 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £325,000 | £78,465 | £403,465 |
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 | 28.518 % | £92,683 | £417,683 |
| 3 Month Average | 26.634 % | £86,559 | £411,559 |
| 6 Month Average | 9.324 % | £30,304 | £355,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £300,000 | £300,000 | FLAT 5 RIVER HOUSE SYDENHAM HILL |
| 26 Oct 2023 | £429,761 | £420,000 | 22A OAKSFORD AVENUE |
| 23 Jun 2023 | £323,483 | £317,000 | FLAT 5 CISSBURY HOUSE SYDENHAM HILL |
| 30 Nov 2021 | £343,199 | £315,000 | FLAT 5 PENDLE HOUSE SYDENHAM HILL |
| 21 Sep 2021 | £282,248 | £260,000 | 21 COUNTISBURY HOUSE CRESCENT WOOD ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Nov 2018. Using an estimated price of £403,465 means this house is valued at £5,526 per sq meter (£513 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 | Public order | Under investigation | On or near Sydenham Hill |
| Apr 2024 | Vehicle crime | Under investigation | On or near Sydenham Hill |