£392,689
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Oct 2013. 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 Chipstead Avenue
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Penhurst Road, Thornton Heath, CR7 7EF
Phone: 02081154016
| Price Paid | Date |
|---|---|
| £240,000 | 14 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2013 the House Price Index for GREATER LONDON was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £240,000 results in an estimated price of approximately £392,689.
| 14 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £240,000 | £152,689 | £392,689 |
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 | 80.713 % | £193,712 | £433,712 |
| 3 Month Average | 23.641 % | £56,739 | £296,739 |
| 6 Month Average | 50.905 % | £122,172 | £362,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £233,456 | £230,000 | FLAT 6 BRAIDWOOD HOUSE, 18 CHIPSTEAD AVENUE |
| 20 Nov 2023 | £507,514 | £500,000 | 44 WARLINGHAM ROAD |
| 10 Feb 2023 | £399,731 | £400,000 | 5 KENLEY GARDENS |
| 23 Mar 2022 | £450,774 | £435,000 | 72 WARLINGHAM ROAD |
| 28 Feb 2022 | £456,182 | £435,000 | 23 CHIPSTEAD AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 10 Jul 2013. Using an estimated price of £392,689 means this house is valued at £4,848 per sq meter (£450 per sq foot).
The average size of a house on CHIPSTEAD AVENUE is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Chipstead Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Woodcote Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Kenley Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Kenley Gardens |
| Feb 2024 | Anti-social behaviour | On or near Kenley Gardens |