£510,380
This estimated value is based upon the latest sale price for the house of £111,000 on 23 Dec 1998. 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 |
|---|---|
| £111,000 | 23 Dec 1998 |
| 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 December 1998 the House Price Index for GREATER LONDON was 32.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 359.802%.Applying this 359.802% change to the original purchase price of £111,000 results in an estimated price of approximately £510,380.
| 23 Dec 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 148.6 | 359.802 % | £111,000 | £399,380 | £510,380 |
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 | 381.633 % | £423,612 | £534,612 |
| 3 Month Average | 472.023 % | £523,945 | £634,945 |
| 6 Month Average | 479.540 % | £532,289 | £643,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £862,773 | £850,000 | 41 WESTWOOD PARK |
| 7 Jul 2023 | £988,301 | £975,000 | 47 WESTWOOD PARK |
| 18 Nov 2022 | £790,426 | £800,000 | 54 HORNIMAN DRIVE |
| 25 Oct 2022 | £547,307 | £553,200 | 4 SURREY MOUNT |
| 16 Aug 2022 | £1,520,906 | £1,525,000 | 45 WESTWOOD PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Horniman Drive | |
| Jan 2024 | Anti-social behaviour | On or near Horniman Drive | |
| Jan 2024 | Anti-social behaviour | On or near Horniman Drive | |
| Jan 2024 | Drugs | Under investigation | On or near Horniman Drive |
| Jan 2024 | Public order | Under investigation | On or near Hill Rise |