£431,292
This estimated value is based upon the latest sale price for the house of £350,000 on 5 Nov 2018. 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 |
|---|---|
| £350,000 | 5 Nov 2018 |
| £256,000 | 17 Nov 2014 |
| £161,750 | 28 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £350,000 results in an estimated price of approximately £431,292.
| 5 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £350,000 | £81,292 | £431,292 |
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 | 4.393 % | £15,373 | £365,373 |
| 3 Month Average | -14.745 % | £-51,605 | £298,394 |
| 6 Month Average | 4.008 % | £14,029 | £364,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £374,792 | £370,000 | 138 LANGDALE ROAD |
| 20 Feb 2023 | £299,798 | £300,000 | 96 WINTERBOURNE ROAD |
| 27 Jan 2023 | £457,843 | £460,000 | 144 LANGDALE ROAD |
| 23 Sep 2022 | £451,355 | £455,000 | 18 STRATFORD ROAD |
| 25 Jul 2022 | £481,296 | £480,000 | 20 STRATFORD ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 13 Mar 2014. Using an estimated price of £431,293 means this house is valued at £6,534 per sq meter (£607 per sq foot).
The average size of a house on WINTERBOURNE ROAD is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stratford Road |