£596,581
This estimated value is based upon the latest sale price for the house of £118,000 on 30 Jun 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1029 London Road, Thornton Heath, CR7 6JF
Phone: 02034630337
| Price Paid | Date |
|---|---|
| £118,000 | 30 Jun 1997 |
| £87,650 | 21 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 June 1997 the House Price Index for GREATER LONDON was 29.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 405.578%.Applying this 405.578% change to the original purchase price of £118,000 results in an estimated price of approximately £596,581.
| 30 Jun 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 146.7 | 405.578 % | £118,000 | £478,581 | £596,581 |
The Postcode Pricing Model uses changes in average sales price within the CR7 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 | 413.295 % | £487,687 | £605,687 |
| 3 Month Average | 504.101 % | £594,839 | £712,839 |
| 6 Month Average | 416.091 % | £490,987 | £608,987 |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 26 Jun 2013.
The average size of a house on FAIRLANDS AVENUE is 122 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Silverleigh Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Silverleigh Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverleigh Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Silverleigh Road |