£492,088
This estimated value is based upon the latest sale price for the house of £455,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-3 The Exchange Purley Road, Purley, CR8 2HA
Phone: 02034630116
| Price Paid | Date |
|---|---|
| £455,000 | 19 Nov 2021 |
| £330,000 | 12 Feb 2015 |
| £210,000 | 21 Dec 2005 |
| £65,000 | 14 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £455,000 results in an estimated price of approximately £492,088.
| 19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £455,000 | £37,088 | £492,088 |
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 | 66.997 % | £304,836 | £759,836 |
| 3 Month Average | 4.792 % | £21,803 | £476,803 |
| 6 Month Average | -12.349 % | £-56,187 | £398,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £442,067 | £438,200 | 96 GODSTONE ROAD |
| 6 Jul 2023 | £532,162 | £525,000 | 8 FOXLEY GARDENS |
| 28 Apr 2023 | £429,626 | £425,000 | 6 FOXLEY GARDENS |
| 26 Aug 2022 | £461,258 | £462,500 | 7 ELM ROAD |
| 29 Apr 2022 | £378,451 | £367,500 | 1 ELM ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 28 Jul 2014. Using an estimated price of £492,089 means this house is valued at £6,561 per sq meter (£609 per sq foot).
The average size of a house on PURLEY VALE is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Purley Vale |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Purley Vale |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillside Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pheasant Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pheasant Close |