£469,312
This estimated value is based upon the latest sale price for the house of £275,000 on 30 Jul 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Penhurst Road, Thornton Heath, CR7 7EF
Phone: 02081154016
| Price Paid | Date |
|---|---|
| £275,000 | 30 Jul 2010 |
| £55,000 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,242 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 July 2010 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £275,000 results in an estimated price of approximately £469,312.
| 30 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £275,000 | £194,312 | £469,312 |
The Postcode Pricing Model uses changes in average sales price within the CR7 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 | 46.619 % | £128,202 | £403,202 |
| 3 Month Average | 65.627 % | £180,475 | £455,475 |
| 6 Month Average | 72.136 % | £198,372 | £473,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £280,051 | £275,000 | FLAT 1 92 RICHMOND ROAD |
| 1 Aug 2023 | £468,449 | £460,000 | 7 LINDEN AVENUE |
| 19 Jan 2023 | £493,318 | £492,000 | 110 RICHMOND ROAD |
| 5 Aug 2022 | £464,673 | £462,500 | 107 RICHMOND ROAD |
| 6 Apr 2022 | £420,156 | £405,000 | 60 LINDEN AVENUE |
This house has a floor area of 115 sq meters or 1,242 sq feet when measured on 3 Mar 2010. Using an estimated price of £469,313 means this house is valued at £4,066 per sq meter (£377 per sq foot).
The average size of a house on RICHMOND ROAD is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Further/Higher Educational Building |