£396,159
This estimated value is based upon the latest sale price for the house of £295,000 on 23 May 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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58 London Road, Forest Hill, SE23 3HF
Phone: 02036411970
Price Paid | Date |
---|---|
£295,000 | 23 May 2016 |
£41,000 | 21 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 May 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £295,000 results in an estimated price of approximately £396,159.
23 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £295,000 | £101,159 | £396,159 |
The Postcode Pricing Model uses changes in average sales price within the SE23 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 | -14.122 % | £-41,660 | £253,339 |
3 Month Average | 13.354 % | £39,392 | £334,392 |
6 Month Average | 15.902 % | £46,912 | £341,912 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £693,872 | £685,000 | 3 THE FIELDINGS |
16 Jun 2023 | £317,850 | £314,000 | 60J HONOR OAK ROAD |
10 Feb 2023 | £484,674 | £485,000 | GROUND FLOOR FLAT 133 HONOR OAK ROAD |
6 Jan 2023 | £799,235 | £803,000 | 165 HONOR OAK ROAD |
13 May 2022 | £479,026 | £470,000 | 60G HONOR OAK ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 19 Feb 2020. Using an estimated price of £396,160 means this house is valued at £8,253 per sq meter (£766 per sq foot).
The average size of a house on EWELME ROAD is 93 sq meters (1,006 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Honor Oak Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Hermitage |
Jan 2024 | Anti-social behaviour | On or near The Hermitage | |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Hermitage |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Hermitage |