£233,117
This estimated value is based upon the latest sale price for the house of £235,000 on 30 Sep 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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306 London Road, Croydon, CR0 2TJ
Phone: 02036416260
| Price Paid | Date |
|---|---|
| £235,000 | 30 Sep 2022 |
| £212,000 | 19 Jun 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 2022 the House Price Index for GREATER LONDON was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £235,000 results in an estimated price of approximately £233,117.
| 30 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £235,000 | £-1,882 | £233,117 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | -37.210 % | £-87,443 | £147,556 |
| 3 Month Average | -13.144 % | £-30,888 | £204,111 |
| 6 Month Average | -11.280 % | £-26,507 | £208,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £167,023 | £165,000 | 7 FAIRHOLME MANSIONS LONDON ROAD |
| 30 Sep 2022 | £233,117 | £235,000 | FLAT 9 375 LONDON ROAD |
| 14 Apr 2022 | £169,917 | £165,000 | FLAT 11 375 LONDON ROAD |
| 12 Apr 2022 | £253,331 | £246,000 | FLAT 5 375 LONDON ROAD |
| 6 May 2020 | £226,288 | £185,000 | 359 LONDON ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 21 Jul 2021. Using an estimated price of £233,117 means this house is valued at £4,238 per sq meter (£393 per sq foot).
The average size of a house on LONDON ROAD is 57 sq meters (616 sq feet).