£406,380
This estimated value is based upon the latest sale price for the house of £90,000 on 4 Mar 1999. 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 |
---|---|
£90,000 | 4 Mar 1999 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 960 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 March 1999 the House Price Index for GREATER LONDON was 33.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 351.534%.Applying this 351.534% change to the original purchase price of £90,000 results in an estimated price of approximately £406,380.
4 Mar 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.2 | 149.7 | 351.534 % | £90,000 | £316,380 | £406,380 |
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 | 611.811 % | £550,630 | £640,630 |
3 Month Average | 595.236 % | £535,712 | £625,712 |
6 Month Average | 471.672 % | £424,504 | £514,504 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jul 2024 | £739,000 | £739,000 | 5 FORESTHOLME CLOSE |
19 Mar 2024 | £324,993 | £320,000 | 14 WINDLEY CLOSE |
17 Nov 2023 | £241,121 | £235,000 | 46 WINDLEY CLOSE |
20 Oct 2023 | £317,204 | £310,000 | 1 WINDLEY CLOSE |
10 Mar 2023 | £661,039 | £650,000 | FLAT 1 UPTON LEAZE, 63 LONDON ROAD |
This house has a floor area of 89 sq meters or 960 sq feet when measured on 2 Mar 2010. Using an estimated price of £406,381 means this house is valued at £4,555 per sq meter (£423 per sq foot).
The average size of a house on CADLEY TERRACE is 107 sq meters (1,161 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Windley Close |
Apr 2024 | Other theft | Under investigation | On or near Derby Hill |
Apr 2024 | Vehicle crime | Under investigation | On or near Forestholme Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Torcross Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Torcross Drive |