£702,468
This estimated value is based upon the latest sale price for the house of £142,500 on 17 Sep 1997. 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 |
|---|---|
| £142,500 | 17 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 1997 the House Price Index for GREATER LONDON was 29.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 392.960%.Applying this 392.960% change to the original purchase price of £142,500 results in an estimated price of approximately £702,468.
| 17 Sep 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 146.7 | 392.960 % | £142,500 | £559,968 | £702,468 |
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 | 410.401 % | £584,822 | £727,322 |
| 3 Month Average | 462.801 % | £659,491 | £801,991 |
| 6 Month Average | 502.612 % | £716,221 | £858,721 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 14 Jul 2021.
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Horniman Drive | |
| Jan 2024 | Anti-social behaviour | On or near Horniman Drive | |
| Jan 2024 | Anti-social behaviour | On or near Horniman Drive | |
| Jan 2024 | Drugs | Under investigation | On or near Horniman Drive |
| Jan 2024 | Public order | Under investigation | On or near Hill Rise |