£503,143
This estimated value is based upon the latest sale price for the house of £465,500 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9-13 The Facade, Forest Hill, SE23 3HA
Phone: 02081661783
Price Paid | Date |
---|---|
£465,500 | 29 Jun 2021 |
£438,500 | 27 Jan 2017 |
£275,000 | 1 Apr 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 642 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £465,500 results in an estimated price of approximately £503,143.
29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £465,500 | £37,643 | £503,143 |
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 | 24.176 % | £112,537 | £578,037 |
3 Month Average | 7.714 % | £35,907 | £501,407 |
6 Month Average | -12.045 % | £-56,067 | £409,432 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £330,071 | £325,000 | FLAT 8 LEYTON COURT, 51 DEVONSHIRE ROAD |
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 |
1 Mar 2022 | £417,573 | £400,000 | FLAT 1 20 DEVONSHIRE ROAD |
This house has a floor area of 59 sq meters or 642 sq feet when measured on 29 Jun 2011. Using an estimated price of £503,143 means this house is valued at £8,427 per sq meter (£782 per sq foot).
The average size of a house on DEVONSHIRE ROAD is 78 sq meters (844 sq feet).