£306,577
This estimated value is based upon the latest sale price for the house of £180,000 on 1 Sep 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1057 London Road, Thornton Heath, CR7 6JG
Phone: 02077682327
| Price Paid | Date |
|---|---|
| £180,000 | 1 Sep 2006 |
| £48,500 | 4 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 September 2006 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £180,000 results in an estimated price of approximately £306,577.
| 1 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £180,000 | £126,577 | £306,577 |
The Postcode Pricing Model uses changes in average sales price within the CR4 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 | -5.256 % | £-9,460 | £170,539 |
| 3 Month Average | 82.487 % | £148,476 | £328,476 |
| 6 Month Average | 70.052 % | £126,093 | £306,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £405,457 | £400,000 | 16 BERKSHIRE WAY |
| 28 Apr 2023 | £379,082 | £375,000 | 64 BERKSHIRE WAY |
| 12 Jul 2022 | £362,977 | £362,000 | 33 RADNOR CLOSE |
| 27 Apr 2022 | £422,218 | £410,000 | 2 RADNOR CLOSE |
| 31 Jan 2022 | £205,220 | £195,000 | 68 SHROPSHIRE CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 24 Aug 2018. Using an estimated price of £306,578 means this house is valued at £3,227 per sq meter (£299 per sq foot).
The average size of a house on SHROPSHIRE CLOSE is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Shropshire Close | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shropshire Close |
| Jan 2024 | Anti-social behaviour | On or near Shropshire Close | |
| Jan 2024 | Anti-social behaviour | On or near Shropshire Close | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Leicester Avenue |