£703,092
This estimated value is based upon the latest sale price for the house of £565,000 on 27 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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117 High Street, Penge, SE20 7DS
Phone: 02081151066
Price Paid | Date |
---|---|
£565,000 | 27 Feb 2019 |
£440,000 | 13 Dec 2013 |
£249,995 | 18 Feb 2011 |
£185,000 | 4 Jun 2009 |
£92,500 | 31 Jul 1998 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 920 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 February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £565,000 results in an estimated price of approximately £703,092.
27 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £565,000 | £138,092 | £703,092 |
The Postcode Pricing Model uses changes in average sales price within the SE20 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 | -43.012 % | £-243,017 | £321,982 |
3 Month Average | -13.779 % | £-77,848 | £487,151 |
6 Month Average | -3.180 % | £-17,969 | £547,030 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £580,037 | £575,000 | 62 EDWARD ROAD |
27 Oct 2023 | £634,409 | £620,000 | 122 VICTOR ROAD |
27 Oct 2023 | £598,595 | £585,000 | 125 VICTOR ROAD |
21 Apr 2023 | £123,985 | £121,666 | FLAT 16 SYCAMORE HOUSE, 53A LENNARD ROAD |
22 Feb 2023 | £447,993 | £445,000 | 98 EDWARD ROAD |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 14 Sep 2010. Using an estimated price of £703,093 means this house is valued at £8,218 per sq meter (£763 per sq foot).
The average size of a house on EDWARD ROAD is 74 sq meters (804 sq feet).