£780,065
This estimated value is based upon the latest sale price for the house of £600,000 on 17 Feb 2017. 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 |
|---|---|
| £600,000 | 17 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £600,000 results in an estimated price of approximately £780,065.
| 17 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £600,000 | £180,065 | £780,065 |
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 | 23.271 % | £139,625 | £739,625 |
| 3 Month Average | 18.447 % | £110,683 | £710,683 |
| 6 Month Average | 25.030 % | £150,181 | £750,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £736,443 | £730,000 | 48 HIGHER DRIVE |
| 28 Jul 2023 | £709,550 | £700,000 | 27 HIGHER DRIVE |
| 17 Mar 2023 | £666,277 | £660,000 | 74B HIGHER DRIVE |
| 15 Dec 2021 | £788,801 | £736,250 | 26 HIGHER DRIVE |
| 14 Sep 2021 | £538,796 | £500,000 | 35 GRAHAM ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 6 Aug 2016. Using an estimated price of £780,066 means this house is valued at £5,132 per sq meter (£476 per sq foot).
The average size of a house on HIGHER DRIVE is 158 sq meters (1,703 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Graham Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Graham Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Higher Drive |
| Jan 2024 | Burglary | Under investigation | On or near Wilmot Road |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Wilmot Road |