£1,465,940
This estimated value is based upon the latest sale price for the house of £880,000 on 29 Aug 2013. 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 |
---|---|
£880,000 | 29 Aug 2013 |
Detached |
Freehold |
Floor Area: 542 sq meters or 5,834 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 August 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £880,000 results in an estimated price of approximately £1,465,940.
29 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 149.7 | 66.584 % | £880,000 | £585,940 | £1,465,940 |
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 | 43.714 % | £384,683 | £1,264,683 |
3 Month Average | 48.488 % | £426,690 | £1,306,690 |
6 Month Average | 60.867 % | £535,632 | £1,415,632 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £561,247 | £550,000 | FLAT 5 BOWDON HOUSE, 94 FOXLEY LANE |
14 Oct 2022 | £588,036 | £590,000 | FLAT 3 BOWDON HOUSE, 94 FOXLEY LANE |
6 Oct 2022 | £563,119 | £565,000 | FLAT 2 BOWDON HOUSE, 94 FOXLEY LANE |
4 Oct 2022 | £473,419 | £475,000 | FLAT 4 BOWDON HOUSE, 94 FOXLEY LANE |
30 Sep 2022 | £574,616 | £575,000 | FLAT 6 BOWDON HOUSE, 94 FOXLEY LANE |
This house has a floor area of 542 sq meters or 5,834 sq feet when measured on 15 Jun 2015. Using an estimated price of £1,465,940 means this house is valued at £2,704 per sq meter (£251 per sq foot).
The average size of a house on FOXLEY LANE is 133 sq meters (1,433 sq feet).
This house is the largest in the street with a floor area of 542 sq meters (5,834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Peaks Hill Rise |