£929,281
This estimated value is based upon the latest sale price for the house of £400,000 on 9 Jul 2003. 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 |
|---|---|
| £400,000 | 9 Jul 2003 |
| Semi-Detached |
| 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 July 2003 the House Price Index for GREATER LONDON was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £400,000 results in an estimated price of approximately £929,281.
| 9 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £400,000 | £529,281 | £929,281 |
The Postcode Pricing Model uses changes in average sales price within the SE26 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 | 356.790 % | £1,427,159 | £1,827,159 |
| 3 Month Average | 172.884 % | £691,536 | £1,091,536 |
| 6 Month Average | 184.614 % | £738,454 | £1,138,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £481,152 | £475,000 | FLAT 6 LEAMINGTON COURT DROITWICH CLOSE |
| 28 Nov 2022 | £459,435 | £465,000 | FLAT 7 HARROGATE COURT DROITWICH CLOSE |
| 27 Jul 2022 | £320,864 | £320,000 | FLAT 9 GREYFRIARS WELLS PARK ROAD |
| 15 Jul 2022 | £459,412 | £458,175 | 12 VIGILANT CLOSE |
| 31 Jan 2022 | £457,797 | £435,000 | FLAT 16 HARROGATE COURT DROITWICH CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Longton Avenue |