£670,784
This estimated value is based upon the latest sale price for the house of £399,995 on 17 Nov 2006. 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 |
---|---|
£399,995 | 17 Nov 2006 |
£144,000 | 27 Jun 1997 |
Detached |
Freehold |
Floor Area: 155 sq meters or 1,675 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 November 2006 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 67.698%.Applying this 67.698% change to the original purchase price of £399,995 results in an estimated price of approximately £670,784.
17 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 148.6 | 67.698 % | £399,995 | £270,789 | £670,784 |
The Postcode Pricing Model uses changes in average sales price within the SE22 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 | 224.440 % | £897,748 | £1,297,743 |
3 Month Average | 91.388 % | £365,547 | £765,542 |
6 Month Average | 116.516 % | £466,057 | £866,052 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £898,465 | £890,000 | 41 BELVOIR ROAD |
10 Feb 2023 | £322,783 | £323,000 | FLAT 23 BELVOIR LODGE, 59 UNDERHILL ROAD |
12 Jan 2023 | £447,890 | £450,000 | 47B BELVOIR ROAD |
21 Sep 2022 | £605,113 | £610,000 | 13A BELVOIR ROAD |
8 Jun 2022 | £507,167 | £500,000 | 45A BELVOIR ROAD |
This house has a floor area of 155 sq meters or 1,675 sq feet when measured on 23 Dec 2008. Using an estimated price of £670,785 means this house is valued at £4,309 per sq meter (£400 per sq foot).
The average size of a house on OVERHILL ROAD is 87 sq meters (939 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Overhill Road | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Overhill Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Overhill Road |
Jan 2024 | Anti-social behaviour | On or near Overhill Road | |
Jan 2024 | Anti-social behaviour | On or near Overhill Road |