£301,893
This estimated value is based upon the latest sale price for the house of £180,000 on 29 Apr 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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117 High Street, Penge, SE20 7DS
Phone: 02081151066
| Price Paid | Date |
|---|---|
| £180,000 | 29 Apr 2013 |
| £192,000 | 14 Sep 2007 |
| £76,000 | 19 Nov 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 April 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £180,000 results in an estimated price of approximately £301,893.
| 29 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.719 % | £180,000 | £121,893 | £301,893 |
The Postcode Pricing Model uses changes in average sales price within the SE20 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 | 95.276 % | £171,497 | £351,497 |
| 3 Month Average | 86.032 % | £154,857 | £334,857 |
| 6 Month Average | 71.508 % | £128,713 | £308,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £661,575 | £650,000 | 79 LENNARD ROAD |
| 20 Sep 2023 | £557,123 | £550,000 | 17 WHATELEY ROAD |
| 28 Jul 2023 | £425,730 | £420,000 | 42 TENNYSON ROAD |
| 24 Jul 2023 | £430,798 | £425,000 | 16 TENNYSON ROAD |
| 16 Feb 2023 | £1,149,227 | £1,150,000 | 84 LENNARD ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 4 Jul 2012. Using an estimated price of £301,894 means this house is valued at £5,205 per sq meter (£483 per sq foot).
The average size of a house on SOMERVILLE ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Somerville Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Somerville Road |
| Jan 2024 | Anti-social behaviour | On or near Morland Road | |
| Jan 2024 | Anti-social behaviour | On or near Morland Road | |
| Jan 2024 | Anti-social behaviour | On or near Morland Road |