£426,565
This estimated value is based upon the latest sale price for the house of £330,000 on 4 Apr 2017. 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 |
|---|---|
| £330,000 | 4 Apr 2017 |
| £249,999 | 7 Nov 2014 |
| £182,500 | 20 Oct 2006 |
| £157,500 | 11 May 2004 |
| £54,000 | 30 Jan 1998 |
| £44,500 | 11 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £330,000 results in an estimated price of approximately £426,565.
| 4 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £330,000 | £96,565 | £426,565 |
The Postcode Pricing Model uses changes in average sales price within the SE22 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 | 49.312 % | £162,730 | £492,730 |
| 3 Month Average | -12.025 % | £-39,682 | £290,317 |
| 6 Month Average | 16.253 % | £53,635 | £383,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £898,465 | £890,000 | 41 BELVOIR ROAD |
| 10 Feb 2023 | £322,783 | £323,000 | FLAT 23 BELVOIR LODGE, 59 UNDERHILL ROAD |
| 25 Jan 2023 | £284,659 | £286,000 | FLAT 4 RIDGE COURT, 57 UNDERHILL ROAD |
| 12 Jan 2023 | £447,890 | £450,000 | 47B BELVOIR ROAD |
| 5 Jan 2023 | £261,767 | £263,000 | FLAT 1 RIDGE COURT, 57 UNDERHILL ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 8 Feb 2012. Using an estimated price of £426,566 means this house is valued at £9,273 per sq meter (£861 per sq foot).
The average size of a house on UNDERHILL ROAD is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Overhill Road | |
| Jan 2024 | Anti-social behaviour | On or near Overhill Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Overhill Road |
| Jan 2024 | Anti-social behaviour | On or near Overhill Road | |
| Jan 2024 | Anti-social behaviour | On or near Overhill Road |