£571,198
This estimated value is based upon the latest sale price for the house of £196,000 on 29 May 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 25, 130 Brighton Road, Purley, CR8 4EX
Phone: 02080223948
Price Paid | Date |
---|---|
£196,000 | 29 May 2002 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 May 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £196,000 results in an estimated price of approximately £571,198.
29 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 148.6 | 191.428 % | £196,000 | £375,198 | £571,198 |
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 | 64.542 % | £126,503 | £322,503 |
3 Month Average | 155.862 % | £305,488 | £501,488 |
6 Month Average | 155.521 % | £304,820 | £500,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £112,977 | £111,000 | 19 FAIRBAIRN CLOSE |
16 Aug 2023 | £706,178 | £700,000 | 72 BEAUMONT ROAD |
21 Apr 2023 | £236,547 | £234,000 | 20 FAIRBAIRN CLOSE |
26 Sep 2022 | £168,638 | £170,000 | 15 FAIRBAIRN CLOSE |
29 Jul 2022 | £230,621 | £230,000 | 18 FAIRBAIRN CLOSE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 2 Jun 2021. Using an estimated price of £571,198 means this house is valued at £4,720 per sq meter (£438 per sq foot).
The average size of a house on BEAUMONT ROAD is 131 sq meters (1,414 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Graham Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Graham Road |