£295,605
This estimated value is based upon the latest sale price for the house of £300,000 on 12 Oct 2022. 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 |
|---|---|
| £300,000 | 12 Oct 2022 |
| £213,260 | 18 Oct 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 October 2022 the House Price Index for GREATER LONDON was 150.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.465%.Applying this -1.465% change to the original purchase price of £300,000 results in an estimated price of approximately £295,605.
| 12 Oct 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.0 | -1.465 % | £300,000 | £-4,394 | £295,605 |
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 | 48.090 % | £144,269 | £444,269 |
| 3 Month Average | -18.227 % | £-54,681 | £245,318 |
| 6 Month Average | -4.428 % | £-13,282 | £286,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £1,260,218 | £1,250,000 | 21 THORPEWOOD AVENUE |
| 12 Oct 2022 | £295,606 | £300,000 | 23 HEATHEDGE |
| 19 Aug 2022 | £1,153,208 | £1,161,000 | 28 THORPEWOOD AVENUE |
| 27 Jul 2022 | £599,190 | £600,000 | 3 JULIAN TAYLER PATH |
| 24 Jun 2022 | £482,389 | £477,500 | 6 GRIZEDALE TERRACE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 26 Mar 2014. Using an estimated price of £295,606 means this house is valued at £6,718 per sq meter (£624 per sq foot).
The average size of a house on HEATHEDGE is 58 sq meters (631 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Heathedge |
| Apr 2024 | Anti-social behaviour | On or near Heathedge | |
| Mar 2024 | Public order | Under investigation | On or near Heathedge |
| Mar 2024 | Vehicle crime | Under investigation | On or near Heathedge |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heathedge |