£344,539
This estimated value is based upon the latest sale price for the house of £280,000 on 28 Jun 2019. 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 |
|---|---|
| £280,000 | 28 Jun 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £280,000 results in an estimated price of approximately £344,539.
| 28 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £280,000 | £64,539 | £344,539 |
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 | 97.220 % | £272,215 | £552,215 |
| 3 Month Average | 27.341 % | £76,554 | £356,554 |
| 6 Month Average | 25.428 % | £71,197 | £351,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2022 | £497,603 | £505,000 | 15 COOMBE ROAD |
| 1 Jul 2022 | £467,868 | £468,500 | 24 PLANE STREET |
| 20 May 2022 | £436,488 | £430,000 | FLAT 4 109 WELLS PARK ROAD |
| 20 May 2022 | £456,790 | £450,000 | FLAT 1 109 WELLS PARK ROAD |
| 20 May 2022 | £355,281 | £350,000 | FLAT 3 109 WELLS PARK ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Oct 2018. Using an estimated price of £344,540 means this house is valued at £4,785 per sq meter (£444 per sq foot).
The average size of a house on SYDENHAM HILL is 111 sq meters (1,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oaksford Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oaksford Avenue |
| Apr 2024 | Drugs | Under investigation | On or near Wells Park Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wells Park Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wells Park Road |