£297,028
This estimated value is based upon the latest sale price for the house of £186,000 on 21 May 2007. 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 |
|---|---|
| £186,000 | 21 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 May 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £186,000 results in an estimated price of approximately £297,028.
| 21 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £186,000 | £111,028 | £297,028 |
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 | 186.161 % | £346,258 | £532,258 |
| 3 Month Average | 64.314 % | £119,623 | £305,623 |
| 6 Month Average | 101.324 % | £188,462 | £374,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £118,758 | £117,000 | FLAT 6 NORMAN COURT LORDSHIP LANE |
| 23 Sep 2022 | £342,236 | £345,000 | FLAT 20 MAXWELL COURT DULWICH COMMON |
| 16 Sep 2022 | £317,437 | £320,000 | FLAT 46 CAMPBELL COURT LORDSHIP LANE |
| 8 Jul 2022 | £340,918 | £340,000 | FLAT 22 NORMAN COURT LORDSHIP LANE |
| 15 Jun 2022 | £375,304 | £370,000 | FLAT 11 BEW COURT LORDSHIP LANE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 14 Nov 2016. Using an estimated price of £297,029 means this house is valued at £4,304 per sq meter (£399 per sq foot).
The average size of a house on LORDSHIP LANE is 78 sq meters (842 sq feet).