£789,860
This estimated value is based upon the latest sale price for the house of £615,000 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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180 Perry Vale, Forest Hill, SE23 2LR
Phone: 02080338808
| Price Paid | Date |
|---|---|
| £615,000 | 31 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £615,000 results in an estimated price of approximately £789,860.
| 31 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £615,000 | £174,860 | £789,860 |
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 | 5.864 % | £36,063 | £651,063 |
| 3 Month Average | 29.384 % | £180,711 | £795,711 |
| 6 Month Average | 14.464 % | £88,951 | £703,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £295,541 | £291,000 | 125 PAXTON ROAD |
| 17 Nov 2023 | £271,902 | £265,000 | 114 PAXTON ROAD |
| 3 Feb 2023 | £241,614 | £240,000 | 82 PAXTON ROAD |
| 9 Sep 2022 | £274,816 | £275,000 | 88 PAXTON ROAD |
| 22 Jul 2022 | £427,281 | £423,000 | 4 GARLIES ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 16 Jan 2017. Using an estimated price of £789,860 means this house is valued at £6,219 per sq meter (£577 per sq foot).
The average size of a house on PERRY RISE is 95 sq meters (1,028 sq feet).