£1,796,920
This estimated value is based upon the latest sale price for the house of £1,450,000 on 18 Jul 2018. 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 |
|---|---|
| £1,450,000 | 18 Jul 2018 |
| £1,450,000 | 18 Jul 2018 |
| £265,000 | 14 Jan 2000 |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £1,450,000 results in an estimated price of approximately £1,796,920.
| 18 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £1,450,000 | £346,920 | £1,796,920 |
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 | 105.372 % | £1,527,892 | £2,977,892 |
| 3 Month Average | 13.468 % | £195,286 | £1,645,286 |
| 6 Month Average | 18.988 % | £275,331 | £1,725,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £416,161 | £410,000 | 6 OTTO CLOSE |
| 6 Sep 2023 | £744,519 | £735,000 | 33 LAMMAS GREEN |
| 8 Aug 2023 | £408,574 | £405,000 | 25B MOUNT ASH ROAD |
| 28 Jul 2023 | £897,124 | £885,050 | 26 PANMURE ROAD |
| 30 Jun 2023 | £427,681 | £422,500 | FLAT E 48 KIRKDALE |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 7 Mar 2014. Using an estimated price of £1,796,920 means this house is valued at £9,407 per sq meter (£874 per sq foot).
The average size of a house on MOUNT GARDENS is 245 sq meters (2,640 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Mount Gardens | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Mount Gardens |
| Jan 2024 | Anti-social behaviour | On or near Mount Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Mount Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Mount Gardens |