£271,312
This estimated value is based upon the latest sale price for the house of £269,500 on 2 Feb 2023. 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 |
|---|---|
| £269,500 | 2 Feb 2023 |
| £265,000 | 6 Dec 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 February 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £269,500 results in an estimated price of approximately £271,312.
| 2 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £269,500 | £1,812 | £271,312 |
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 | -59.203 % | £-159,552 | £109,947 |
| 3 Month Average | -17.710 % | £-47,729 | £221,770 |
| 6 Month Average | -7.183 % | £-19,357 | £250,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £1,081,677 | £1,060,000 | 20 PEAKS HILL |
| 2 Feb 2023 | £271,312 | £269,500 | FLAT 4 37 PLOUGH LANE |
| 28 Nov 2022 | £844,551 | £848,500 | 2 DEACON CLOSE |
| 19 Jan 2022 | £313,819 | £296,000 | FLAT 3 37 PLOUGH LANE |
| 30 Jun 2021 | £864,693 | £800,000 | 2 CHURCH HILL |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 2 May 2017. Using an estimated price of £271,312 means this house is valued at £5,772 per sq meter (£536 per sq foot).
The average size of a house on PLOUGH LANE is 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Plough Lane | |
| Apr 2024 | Anti-social behaviour | On or near Plough Lane | |
| Apr 2024 | Anti-social behaviour | On or near Plough Lane | |
| Apr 2024 | Anti-social behaviour | On or near Plough Lane | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Bridle Road |