£171,288
This estimated value is based upon the latest sale price for the house of £140,000 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Penhurst Road, Thornton Heath, CR7 7EF
Phone: 02081154016
| Price Paid | Date |
|---|---|
| £140,000 | 28 Feb 2020 |
| £50,000 | 25 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 503 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 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £140,000 results in an estimated price of approximately £171,288.
| 28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £140,000 | £31,288 | £171,288 |
The Postcode Pricing Model uses changes in average sales price within the CR7 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 | 52.193 % | £73,069 | £213,069 |
| 3 Month Average | -9.364 % | £-13,108 | £126,891 |
| 6 Month Average | 6.022 % | £8,430 | £148,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £489,566 | £481,000 | 25 NUTFIELD ROAD |
| 17 Feb 2023 | £454,694 | £455,000 | 10 NUTFIELD ROAD |
| 8 Jul 2022 | £501,350 | £500,000 | 39 NUTFIELD ROAD |
| 23 Dec 2021 | £462,835 | £432,000 | 58 NUTFIELD ROAD |
| 25 Aug 2021 | £484,177 | £434,000 | 7 NUTFIELD ROAD |
This house has a floor area of 46 sq meters or 503 sq feet when measured on 1 Jul 2011. Using an estimated price of £171,289 means this house is valued at £3,659 per sq meter (£339 per sq foot).
The average size of a house on BLETCHINGLEY CLOSE is 43 sq meters (473 sq feet).