£1,055,579
This estimated value is based upon the latest sale price for the house of £825,000 on 11 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £825,000 | 11 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £825,000 results in an estimated price of approximately £1,055,579.
| 11 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £825,000 | £230,579 | £1,055,579 |
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 | -5.639 % | £-46,521 | £778,478 |
| 3 Month Average | -4.943 % | £-40,783 | £784,216 |
| 6 Month Average | 15.346 % | £126,602 | £951,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £1,360,909 | £1,340,000 | 33B FOXLEY LANE |
| 21 Dec 2023 | £309,511 | £300,000 | FLAT 3 PEARL GATES COURT, 61 FOXLEY LANE |
| 21 Dec 2023 | £309,511 | £300,000 | FLAT 6 PEARL GATES COURT, 61 FOXLEY LANE |
| 21 Dec 2023 | £361,096 | £350,000 | FLAT 7 PEARL GATES COURT, 61 FOXLEY LANE |
| 21 Apr 2023 | £351,576 | £345,000 | FLAT B 41 FOXLEY LANE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 14 Aug 2014. Using an estimated price of £1,055,580 means this house is valued at £6,066 per sq meter (£563 per sq foot).
The average size of a house on FURZE HILL is 529 sq meters (5,696 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Purley Knoll |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Purley Knoll |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Purley Knoll |
| Apr 2024 | Vehicle crime | Under investigation | On or near Furze Lane |
| Apr 2024 | Other theft | Under investigation | On or near Russell Hill |