£284,041
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Nov 2020. 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 |
|---|---|
| £245,000 | 30 Nov 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £245,000 results in an estimated price of approximately £284,041.
| 30 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £245,000 | £39,041 | £284,041 |
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 | 24.557 % | £60,164 | £305,164 |
| 3 Month Average | -7.803 % | £-19,117 | £225,882 |
| 6 Month Average | -5.198 % | £-12,735 | £232,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £263,612 | £259,000 | 2 DALE COURT DALE ROAD |
| 28 Jul 2023 | £663,936 | £655,000 | 56 HIGHER DRIVE |
| 28 Jun 2022 | £798,788 | £787,500 | 13 DALE ROAD |
| 4 May 2022 | £815,364 | £800,000 | 12 DALE ROAD |
| 22 Apr 2022 | £306,365 | £297,500 | 4 DALE COURT DALE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 5 Mar 2020. Using an estimated price of £284,042 means this house is valued at £4,116 per sq meter (£382 per sq foot).
The average size of a house on OLDEN LANE is 119 sq meters (1,290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Olden Lane |
| Apr 2024 | Anti-social behaviour | On or near Dale Road | |
| Mar 2024 | Anti-social behaviour | On or near Dale Road | |
| Mar 2024 | Anti-social behaviour | On or near Dale Road | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Dale Road |