£1,262,723
This estimated value is based upon the latest sale price for the house of £775,000 on 9 Mar 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-3 The Exchange Purley Road, Purley, CR8 2HA
Phone: 02034630116
Price Paid | Date |
---|---|
£775,000 | 9 Mar 2007 |
Detached |
Freehold |
Floor Area: 252 sq meters or 2,712 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 March 2007 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £775,000 results in an estimated price of approximately £1,262,723.
9 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.932 % | £775,000 | £487,723 | £1,262,723 |
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 | 74.646 % | £578,504 | £1,353,504 |
3 Month Average | 61.263 % | £474,785 | £1,249,785 |
6 Month Average | 68.288 % | £529,229 | £1,304,229 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £1,282,557 | £1,250,000 | 15 WOODLAND WAY |
28 Sep 2023 | £1,089,006 | £1,065,000 | 77 HIGHER DRIVE |
8 Sep 2023 | £1,022,541 | £1,000,000 | 16 WOODLAND WAY |
18 Aug 2023 | £743,408 | £730,000 | 48 HIGHER DRIVE |
14 Apr 2023 | £917,155 | £900,000 | 34 BENCOMBE ROAD |
This house has a floor area of 252 sq meters or 2,712 sq feet when measured on 11 Jun 2012. Using an estimated price of £1,262,724 means this house is valued at £5,010 per sq meter (£465 per sq foot).
The average size of a house on WOODLAND WAY is 254 sq meters (2,736 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Woodland Way |
Apr 2024 | Vehicle crime | Under investigation | On or near Higher Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Densham Drive |