£341,247
This estimated value is based upon the latest sale price for the house of £217,000 on 3 Sep 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Penhurst Road, Thornton Heath, CR7 7EF
Phone: 02081154016
Price Paid | Date |
---|---|
£217,000 | 3 Sep 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 671 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 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £217,000 results in an estimated price of approximately £341,247.
3 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 149.7 | 57.257 % | £217,000 | £124,247 | £341,247 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | 63.422 % | £137,625 | £354,625 |
3 Month Average | 68.222 % | £148,042 | £365,042 |
6 Month Average | 69.243 % | £150,258 | £367,258 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £256,511 | £250,000 | FLAT 34 CALLENDER COURT, 1 HARRY CLOSE |
3 Mar 2023 | £264,416 | £260,000 | FLAT 3 GREENER COURT, 2 HARRY CLOSE |
14 Feb 2023 | £286,917 | £285,000 | FLAT 48 SPOTTISWOOD COURT, 3 HARRY CLOSE |
7 Jun 2022 | £85,835 | £84,000 | FLAT 52 INNERD COURT, 1 CLARKE CLOSE |
16 May 2022 | £241,286 | £235,000 | FLAT 27 SPOTTISWOOD COURT, 3 HARRY CLOSE |
This house has a floor area of 62 sq meters or 671 sq feet when measured on 16 Dec 2006. Using an estimated price of £341,248 means this house is valued at £5,469 per sq meter (£508 per sq foot).
The average size of a house on HARRY CLOSE is 61 sq meters (660 sq feet).