£354,291
This estimated value is based upon the latest sale price for the house of £350,000 on 2 Jun 2023. 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 |
|---|---|
| £350,000 | 2 Jun 2023 |
| £185,000 | 11 Feb 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2023 the House Price Index for GREATER LONDON was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £350,000 results in an estimated price of approximately £354,291.
| 2 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £350,000 | £4,291 | £354,291 |
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 | 3.843 % | £13,450 | £363,450 |
| 3 Month Average | -18.232 % | £-63,813 | £286,186 |
| 6 Month Average | -1.713 % | £-5,995 | £344,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £372,512 | £368,000 | FLAT 2 12A SOUTHEY STREET |
| 2 Jun 2023 | £354,292 | £350,000 | FLAT 3 12A SOUTHEY STREET |
| 27 Apr 2023 | £453,382 | £448,500 | 18A PENGE LANE |
| 20 Jan 2023 | £447,890 | £450,000 | 135 HIGH STREET |
| 2 Sep 2022 | £317,437 | £320,000 | FLAT 4 5 WORDSWORTH ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 27 Oct 2020. Using an estimated price of £354,292 means this house is valued at £6,326 per sq meter (£587 per sq foot).
The average size of a house on SOUTHEY STREET is 100 sq meters (1,083 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Raleigh Road |
| Apr 2024 | Anti-social behaviour | On or near Raleigh Road | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Raleigh Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Raleigh Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Raleigh Road |