£504,546
This estimated value is based upon the latest sale price for the house of £315,000 on 2 May 2008. 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 |
|---|---|
| £315,000 | 2 May 2008 |
| £235,000 | 13 May 2005 |
| £185,000 | 7 Jun 2002 |
| £110,000 | 23 Jul 1998 |
| Semi-Detached |
| Freehold |
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 May 2008 the House Price Index for GREATER LONDON was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £315,000 results in an estimated price of approximately £504,546.
| 2 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £315,000 | £189,546 | £504,546 |
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 | 27.159 % | £85,549 | £400,549 |
| 3 Month Average | 85.597 % | £269,630 | £584,630 |
| 6 Month Average | 83.456 % | £262,887 | £577,887 |
| 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 |