£389,383
This estimated value is based upon the latest sale price for the house of £250,000 on 6 May 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Wood Vale
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5 London Road, Forest Hill, London, SE23 3PH
Phone: 02034783484
Price Paid | Date |
---|---|
£250,000 | 6 May 2014 |
£175,000 | 21 Dec 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £250,000 results in an estimated price of approximately £389,383.
6 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £250,000 | £139,383 | £389,383 |
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 | 16.549 % | £41,372 | £291,372 |
3 Month Average | 23.276 % | £58,190 | £308,190 |
6 Month Average | 42.986 % | £107,464 | £357,464 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £348,175 | £340,500 | FLAT 33 WOODLANDS COURT, 91 WOOD VALE |
31 Mar 2023 | £539,001 | £530,000 | FLAT 1 59 WOOD VALE |
23 Mar 2023 | £320,350 | £315,000 | FLAT 38 WOODLANDS COURT, 91 WOOD VALE |
24 Feb 2023 | £329,702 | £327,500 | FLAT 34 WOODLANDS COURT, 91 WOOD VALE |
1 Feb 2023 | £322,152 | £320,000 | FLAT 36 WOODLANDS COURT, 91 WOOD VALE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 31 Jul 2009. Using an estimated price of £389,383 means this house is valued at £7,073 per sq meter (£657 per sq foot).
The average size of a house on WOOD VALE is 100 sq meters (1,086 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Wood Vale |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Wood Vale |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Wood Vale |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wood Vale |
Jul 2024 | Robbery | Investigation complete; no suspect identified | On or near Wood Vale |