£397,491
This estimated value is based upon the latest sale price for the house of £250,000 on 16 May 2008. 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 |
|---|---|
| £250,000 | 16 May 2008 |
| Terraced |
| Leasehold |
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 2008 the House Price Index for GREATER LONDON was 93.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.996%.Applying this 58.996% change to the original purchase price of £250,000 results in an estimated price of approximately £397,491.
| 16 May 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 148.6 | 58.996 % | £250,000 | £147,491 | £397,491 |
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 | 49.347 % | £123,366 | £373,366 |
| 3 Month Average | 84.803 % | £212,007 | £462,007 |
| 6 Month Average | 92.459 % | £231,147 | £481,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £383,354 | £380,000 | 98C LONDON ROAD |
| 3 Jul 2023 | £430,798 | £425,000 | FLAT 14 KATHERINE COURT, 70 HONOR OAK ROAD |
| 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 | Public order | Under investigation | On or near Hill Rise |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hill Rise |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Hill Rise |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |