£1,113,213
This estimated value is based upon the latest sale price for the house of £900,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £900,000 | 24 Aug 2018 |
| £740,000 | 7 Aug 2013 |
| £307,000 | 3 Dec 1997 |
| £300,000 | 28 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 223 sq meters or 2,400 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 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £900,000 results in an estimated price of approximately £1,113,213.
| 24 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £900,000 | £213,213 | £1,113,213 |
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 | -39.772 % | £-357,944 | £542,055 |
| 3 Month Average | -6.341 % | £-57,071 | £842,928 |
| 6 Month Average | 2.738 % | £24,639 | £924,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £973,517 | £965,000 | 5 HILLCREST ROAD |
| 20 Jul 2023 | £957,892 | £945,000 | 54 HIGHFIELD ROAD |
| 15 Jun 2023 | £931,281 | £920,000 | 52 HILLCREST ROAD |
| 1 Mar 2023 | £1,478,933 | £1,465,000 | 35 HILLCREST ROAD |
| 2 Feb 2023 | £269,319 | £269,500 | FLAT 4 37 PLOUGH LANE |
This house has a floor area of 223 sq meters or 2,400 sq feet when measured on 23 May 2013. Using an estimated price of £1,113,214 means this house is valued at £4,991 per sq meter (£463 per sq foot).
The average size of a house on SOVEREIGN CLOSE is 284 sq meters (3,065 sq feet).
This house is the largest in the street with a floor area of 223 sq meters (2,400 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sovereign Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Road |
| Jan 2024 | Robbery | Under investigation | On or near Highfield Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pringle Gardens |
| Dec 2023 | Anti-social behaviour | On or near Plough Lane |