£585,996
This estimated value is based upon the latest sale price for the house of £173,000 on 30 Jul 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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58 London Road, Forest Hill, SE23 3HF
Phone: 02036411970
Price Paid | Date |
---|---|
£173,000 | 30 Jul 2001 |
Terraced |
Freehold |
Floor Area: 39 sq meters or 428 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 2001 the House Price Index for GREATER LONDON was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £173,000 results in an estimated price of approximately £585,996.
30 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.2 | 149.7 | 238.726 % | £173,000 | £412,996 | £585,996 |
The Postcode Pricing Model uses changes in average sales price within the SE23 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 | 386.851 % | £669,251 | £842,251 |
3 Month Average | 351.678 % | £608,403 | £781,403 |
6 Month Average | 291.031 % | £503,483 | £676,483 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Oct 2023 | £503,434 | £492,000 | 27B DEVONSHIRE ROAD |
8 Aug 2022 | £316,480 | £315,000 | 7C DAVIDS ROAD |
13 May 2022 | £354,228 | £345,000 | FLAT 2 47 DAVIDS ROAD |
7 Dec 2021 | £314,888 | £291,750 | 37A DEVONSHIRE ROAD |
9 Sep 2021 | £569,924 | £525,000 | 22 LONDON ROAD |
This house has a floor area of 39 sq meters or 428 sq feet when measured on 9 Jun 2009. Using an estimated price of £585,996 means this house is valued at £14,723 per sq meter (£1,367 per sq foot).
The average size of a house on HAVELOCK WALK is 185 sq meters (1,992 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (428 sq feet).