£1,303,478
This estimated value is based upon the latest sale price for the house of £1,055,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £1,055,000 | 1 Nov 2019 |
| £545,000 | 26 Oct 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 178 sq meters or 1,917 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £1,055,000 results in an estimated price of approximately £1,303,478.
| 1 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £1,055,000 | £248,478 | £1,303,478 |
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 | -18.677 % | £-197,038 | £857,961 |
| 3 Month Average | -17.506 % | £-184,690 | £870,309 |
| 6 Month Average | -4.340 % | £-45,787 | £1,009,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £339,716 | £332,000 | FLAT 22 VERDUN HEIGHTS, 14 - 16 FOXLEY LANE |
| 22 Aug 2022 | £532,490 | £530,000 | FLAT 8 KINGSBRIDGE COURT, 1 WOODCOTE VALLEY ROAD |
| 13 May 2022 | £282,356 | £275,000 | FLAT 11 4 WOODCOTE VALLEY ROAD |
| 16 Dec 2021 | £453,309 | £420,000 | FLAT 9 VERDUN HEIGHTS, 14 - 16 FOXLEY LANE |
| 7 Dec 2021 | £1,322,152 | £1,225,000 | 5 WOODCOTE VALLEY ROAD |
This house has a floor area of 178 sq meters or 1,917 sq feet when measured on 27 Apr 2011. Using an estimated price of £1,303,478 means this house is valued at £7,317 per sq meter (£679 per sq foot).
The average size of a house on WOODCOTE VALLEY ROAD is 131 sq meters (1,415 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Purley Knoll |
| Apr 2024 | Vehicle crime | Under investigation | On or near Purley Knoll |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Purley Knoll |
| Apr 2024 | Anti-social behaviour | On or near Banstead Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Banstead Road |