£837,261
This estimated value is based upon the latest sale price for the house of £495,000 on 13 Dec 2012. 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 |
|---|---|
| £495,000 | 13 Dec 2012 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,012 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 December 2012 the House Price Index for GREATER LONDON was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £495,000 results in an estimated price of approximately £837,261.
| 13 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £495,000 | £342,261 | £837,261 |
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 | 2.491 % | £12,330 | £507,330 |
| 3 Month Average | 54.384 % | £269,201 | £764,201 |
| 6 Month Average | 56.166 % | £278,022 | £773,022 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £931,281 | £920,000 | 52 HILLCREST ROAD |
| 28 Apr 2023 | £657,075 | £650,000 | 33 RUSSELL GREEN CLOSE |
| 2 Feb 2023 | £33,977 | £34,000 | 39 RUSSELL GREEN CLOSE |
| 9 Sep 2022 | £436,475 | £440,000 | FLAT 4 BELVOIR HEIGHTS, 14 RUSSELL GREEN CLOSE |
| 28 Jul 2022 | £847,281 | £845,000 | 41 HIGHFIELD ROAD |
This house has a floor area of 187 sq meters or 2,012 sq feet when measured on 23 Nov 2018. Using an estimated price of £837,261 means this house is valued at £4,477 per sq meter (£415 per sq foot).
The average size of a house on OVERHILL ROAD is 205 sq meters (2,213 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hilldeane Road |
| Jan 2024 | Robbery | Under investigation | On or near Highfield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Russell Green Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Russell Hill Road |