£1,195,664
This estimated value is based upon the latest sale price for the house of £975,000 on 10 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near The Close
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £975,000 | 10 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 205 sq meters or 2,206 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £975,000 results in an estimated price of approximately £1,195,664.
| 10 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £975,000 | £220,664 | £1,195,664 |
The Postcode Pricing Model uses changes in average sales price within the CR8 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 | 19.167 % | £186,876 | £1,161,876 |
| 3 Month Average | -8.454 % | £-82,424 | £892,575 |
| 6 Month Average | -1.287 % | £-12,548 | £962,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £1,065,779 | £1,050,000 | 3 HILLTHORPE CLOSE |
| 11 Aug 2023 | £973,517 | £965,000 | 5 HILLCREST ROAD |
| 20 Jul 2023 | £957,892 | £945,000 | 54 HIGHFIELD ROAD |
| 1 Mar 2023 | £1,478,933 | £1,465,000 | 35 HILLCREST ROAD |
| 18 Oct 2022 | £519,407 | £525,000 | FLAT 7 55 HILLCREST ROAD |
This house has a floor area of 205 sq meters or 2,206 sq feet when measured on 9 Oct 2015. Using an estimated price of £1,195,665 means this house is valued at £5,832 per sq meter (£541 per sq foot).
The average size of a house on HIGHFIELD ROAD is 190 sq meters (2,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near The Close |
| Feb 2024 | Anti-social behaviour | On or near The Close | |
| Feb 2024 | Burglary | Under investigation | On or near The Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pringle Gardens |
| Apr 2024 | Burglary | Under investigation | On or near Holmoak Close |