£410,975
This estimated value is based upon the latest sale price for the house of £380,000 on 25 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £380,000 | 25 Nov 2021 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 799 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 £380,000 results in an estimated price of approximately £410,975.
| 25 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £380,000 | £30,975 | £410,975 |
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 % | £254,588 | £634,588 |
| 3 Month Average | 4.792 % | £18,209 | £398,209 |
| 6 Month Average | -12.349 % | £-46,925 | £333,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £278,372 | £275,000 | FLAT 4 40 RUSSELL HILL |
| 1 Mar 2023 | £388,662 | £385,000 | FLAT 5 MITRE COURT, 6 PLOUGH LANE |
| 17 Jan 2023 | £1,244,139 | £1,250,000 | 14 RUSSELL HILL |
| 21 Jun 2022 | £405,734 | £400,000 | FLAT 6 32 RUSSELL HILL |
| 27 Apr 2022 | £422,218 | £410,000 | FLAT 10 13 RUSSELL HILL |
This house has a floor area of 74 sq meters or 799 sq feet when measured on 11 Aug 2009. Using an estimated price of £410,975 means this house is valued at £5,532 per sq meter (£514 per sq foot).
The average size of a house on RUSSELL HILL is 153 sq meters (1,650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Under investigation | On or near Russell Hill |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pringle Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oscar Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oscar Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Oscar Close |