£402,384
This estimated value is based upon the latest sale price for the house of £74,000 on 28 Nov 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Otto Close
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5 London Road, Forest Hill, London, SE23 3PH
Phone: 02034783484
| Price Paid | Date |
|---|---|
| £74,000 | 28 Nov 1996 |
| Terraced |
| Freehold |
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 1996 the House Price Index for GREATER LONDON was 27.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 443.763%.Applying this 443.763% change to the original purchase price of £74,000 results in an estimated price of approximately £402,384.
| 28 Nov 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.3 | 148.6 | 443.763 % | £74,000 | £328,384 | £402,384 |
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 | 961.229 % | £711,309 | £785,309 |
| 3 Month Average | 478.022 % | £353,736 | £427,736 |
| 6 Month Average | 510.171 % | £377,526 | £451,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £416,161 | £410,000 | 6 OTTO CLOSE |
| 6 Sep 2023 | £744,519 | £735,000 | 33 LAMMAS GREEN |
| 10 Aug 2023 | £655,737 | £650,000 | 8A KIRKDALE |
| 8 Aug 2023 | £408,574 | £405,000 | 25B MOUNT ASH ROAD |
| 2 Feb 2023 | £849,428 | £850,000 | 31 MOUNT ASH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Under investigation | On or near Otto Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Otto Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Otto Close |
| Jan 2024 | Anti-social behaviour | On or near Mount Gardens | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Mount Gardens |