£370,083
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Dec 2009. 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 |
---|---|
£215,000 | 11 Dec 2009 |
£170,000 | 11 Jun 2004 |
£68,500 | 3 Jul 1998 |
£44,500 | 31 Mar 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 December 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.132%.Applying this 72.132% change to the original purchase price of £215,000 results in an estimated price of approximately £370,083.
11 Dec 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.0 | 72.132 % | £215,000 | £155,083 | £370,083 |
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 | 149.557 % | £321,546 | £536,546 |
3 Month Average | 118.551 % | £254,885 | £469,885 |
6 Month Average | 110.213 % | £236,957 | £451,957 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £1,195,346 | £1,180,000 | 20 UNDERHILL ROAD |
25 Aug 2023 | £653,977 | £650,000 | 41A MELFORD ROAD |
28 Jul 2023 | £201,910 | £200,000 | FLAT 3 549 LORDSHIP LANE |
7 Jul 2023 | £782,401 | £775,000 | 52 MELFORD ROAD |
3 Mar 2023 | £444,905 | £442,500 | FLAT 8 DULWICH COURT, 2 UNDERHILL ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 30 Sep 2019. Using an estimated price of £370,084 means this house is valued at £7,117 per sq meter (£661 per sq foot).
The average size of a house on UNDERHILL ROAD is 95 sq meters (1,025 sq feet).