£1,238,222
This estimated value is based upon the latest sale price for the house of £821,000 on 1 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 25, 130 Brighton Road, Purley, CR8 4EX
Phone: 02080223948
| Price Paid | Date |
|---|---|
| £821,000 | 1 Oct 2014 |
| £195,000 | 25 Nov 1996 |
| Detached |
| Freehold |
| Floor Area: 262 sq meters or 2,820 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 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £821,000 results in an estimated price of approximately £1,238,222.
| 1 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £821,000 | £417,222 | £1,238,222 |
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 | 26.316 % | £216,052 | £1,037,052 |
| 3 Month Average | 34.587 % | £283,958 | £1,104,958 |
| 6 Month Average | 40.923 % | £335,976 | £1,156,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £593,229 | £575,000 | 9 MONAHAN AVENUE |
| 31 Aug 2023 | £1,102,806 | £1,082,916 | 54 WOODCOTE VALLEY ROAD |
| 15 Jun 2023 | £849,014 | £832,000 | 40A MONAHAN AVENUE |
| 26 Oct 2022 | £1,142,185 | £1,146,000 | 13 MONAHAN AVENUE |
| 6 May 2022 | £913,807 | £890,000 | 6 MONAHAN AVENUE |
This house has a floor area of 262 sq meters or 2,820 sq feet when measured on 15 May 2019. Using an estimated price of £1,238,223 means this house is valued at £4,726 per sq meter (£439 per sq foot).
The average size of a house on WOODCOTE VALLEY ROAD is 131 sq meters (1,415 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Purley Knoll |
| 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 | Vehicle crime | Under investigation | On or near Purley Rise |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chichester Drive |