£201,765
This estimated value is based upon the latest sale price for the house of £200,000 on 7 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Musgrove Close
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Suite 25, 130 Brighton Road, Purley, CR8 4EX
Phone: 02080223948
| Price Paid | Date |
|---|---|
| £200,000 | 7 Aug 2023 |
| £198,000 | 31 Jan 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2023 the House Price Index for GREATER LONDON was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £200,000 results in an estimated price of approximately £201,765.
| 7 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £200,000 | £1,765 | £201,765 |
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 | 27.774 % | £55,547 | £255,547 |
| 3 Month Average | -12.586 % | £-25,171 | £174,828 |
| 6 Month Average | 3.345 % | £6,689 | £206,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £201,765 | £200,000 | 14A MUSGROVE CLOSE |
| 7 Aug 2023 | £244,136 | £242,000 | FLAT 9 130 BRIGHTON ROAD |
| 13 Jan 2023 | £646,952 | £650,000 | 144 BRIGHTON ROAD |
| 18 Oct 2022 | £206,279 | £208,500 | FLAT 9 BURLINGTON HOUSE, 163 BRIGHTON ROAD |
| 15 Jul 2022 | £726,957 | £725,000 | 15E HARTLEY DOWN |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 Feb 2018. Using an estimated price of £201,765 means this house is valued at £3,602 per sq meter (£334 per sq foot).
There is one other house on the street which we know the size of, this is 4 MUSGROVE CLOSE it is 48.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Musgrove Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Musgrove Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Musgrove Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Musgrove Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Musgrove Close |