£1,120,070
This estimated value is based upon the latest sale price for the house of £648,000 on 26 Aug 2011. 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 |
|---|---|
| £648,000 | 26 Aug 2011 |
| £166,000 | 2 May 1997 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,297 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 August 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £648,000 results in an estimated price of approximately £1,120,070.
| 26 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £648,000 | £472,070 | £1,120,070 |
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 | 45.747 % | £296,443 | £944,443 |
| 3 Month Average | 73.005 % | £473,075 | £1,121,075 |
| 6 Month Average | 83.499 % | £541,072 | £1,189,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £912,278 | £900,000 | 97 CANONBIE ROAD |
| 6 Jan 2023 | £972,917 | £977,500 | 72 CANONBIE ROAD |
| 24 Jun 2022 | £1,115,768 | £1,100,000 | 74 CANONBIE ROAD |
| 1 Jun 2022 | £1,876,519 | £1,850,000 | 112 CANONBIE ROAD |
| 31 May 2022 | £275,185 | £270,000 | 27 GREYSTEAD ROAD |
This house has a floor area of 120 sq meters or 1,297 sq feet when measured on 1 Jun 2010. Using an estimated price of £1,120,070 means this house is valued at £9,291 per sq meter (£863 per sq foot).
The average size of a house on CANONBIE ROAD is 125 sq meters (1,354 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Manor Way |
| Jan 2024 | Anti-social behaviour | On or near Greystead Road | |
| Jan 2024 | Anti-social behaviour | On or near Greystead Road | |
| Jan 2024 | Burglary | Under investigation | On or near Greystead Road |
| Jan 2024 | Anti-social behaviour | On or near Greystead Road |