£436,888
This estimated value is based upon the latest sale price for the house of £350,000 on 27 Apr 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 |
|---|---|
| £350,000 | 27 Apr 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £350,000 results in an estimated price of approximately £436,888.
| 27 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £350,000 | £86,888 | £436,888 |
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 | 26.328 % | £92,148 | £442,148 |
| 3 Month Average | 16.448 % | £57,566 | £407,566 |
| 6 Month Average | 15.387 % | £53,854 | £403,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £322,783 | £323,000 | FLAT 23 BELVOIR LODGE, 59 UNDERHILL ROAD |
| 20 Jan 2023 | £296,603 | £298,000 | FLAT 181 LADLANDS OVERHILL ROAD |
| 6 May 2022 | £328,693 | £322,500 | FLAT 20 BELVOIR LODGE, 59 UNDERHILL ROAD |
| 14 Feb 2022 | £319,852 | £305,000 | FLAT 145 BREDINGHURST OVERHILL ROAD |
| 19 Nov 2021 | £335,269 | £310,000 | FLAT 232 LADLANDS OVERHILL ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 3 Aug 2016. Using an estimated price of £436,888 means this house is valued at £5,601 per sq meter (£520 per sq foot).
The average size of a house on OVERHILL ROAD is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Overhill Road |
| Apr 2024 | Anti-social behaviour | On or near Overhill Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Overhill Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Overhill Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Overhill Road |