£459,588
This estimated value is based upon the latest sale price for the house of £270,000 on 5 Jul 2012. 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 |
|---|---|
| £270,000 | 5 Jul 2012 |
| £212,500 | 25 Oct 2002 |
| £180,950 | 26 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 731 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £270,000 results in an estimated price of approximately £459,588.
| 5 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £270,000 | £189,588 | £459,588 |
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 | 111.171 % | £300,162 | £570,162 |
| 3 Month Average | 43.441 % | £117,291 | £387,291 |
| 6 Month Average | 68.240 % | £184,247 | £454,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £384,136 | £380,000 | 48 GLOUCESTER COURT, 516 LORDSHIP LANE |
| 6 Apr 2023 | £272,939 | £270,000 | FLAT 6 LEVANDE, 479 LORDSHIP LANE |
| 24 Feb 2023 | £262,323 | £262,500 | FLAT 7 LEVANDE, 479 LORDSHIP LANE |
| 8 Feb 2023 | £261,224 | £261,400 | FLAT C 501 LORDSHIP LANE |
| 25 Nov 2022 | £121,528 | £123,000 | 499B LORDSHIP LANE |
This house has a floor area of 67 sq meters or 731 sq feet when measured on 6 Feb 2012. Using an estimated price of £459,588 means this house is valued at £6,763 per sq meter (£628 per sq foot).
The average size of a house on LORDSHIP LANE is 78 sq meters (842 sq feet).