£461,423
This estimated value is based upon the latest sale price for the house of £274,200 on 15 Aug 2008. 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 |
|---|---|
| £274,200 | 15 Aug 2008 |
| Flats/Maisonettes |
| Leasehold |
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 August 2008 the House Price Index for GREATER LONDON was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £274,200 results in an estimated price of approximately £461,423.
| 15 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £274,200 | £187,223 | £461,423 |
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 | 201.614 % | £552,826 | £827,026 |
| 3 Month Average | 83.212 % | £228,168 | £502,368 |
| 6 Month Average | 93.894 % | £257,457 | £531,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £798,980 | £785,000 | 15 RADLET AVENUE |
| 31 Jul 2023 | £253,411 | £250,000 | 39 KIRKDALE |
| 2 Jun 2023 | £1,265,327 | £1,250,000 | 21 THORPEWOOD AVENUE |
| 12 Oct 2022 | £296,804 | £300,000 | 23 HEATHEDGE |
| 19 Aug 2022 | £1,157,883 | £1,161,000 | 28 THORPEWOOD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heathedge |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathedge |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Heathedge |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Heathedge |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorpewood Avenue |