£830,469
This estimated value is based upon the latest sale price for the house of £492,500 on 28 Mar 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 25, 130 Brighton Road, Purley, CR8 4EX
Phone: 02080223948
Price Paid | Date |
---|---|
£492,500 | 28 Mar 2013 |
Detached |
Freehold |
Floor Area: 183 sq meters or 1,969 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 March 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £492,500 results in an estimated price of approximately £830,469.
28 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.623 % | £492,500 | £337,969 | £830,469 |
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 | 57.244 % | £281,928 | £774,428 |
3 Month Average | 41.641 % | £205,079 | £697,579 |
6 Month Average | 56.887 % | £280,167 | £772,667 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2024 | £630,000 | £630,000 | 42 BEAUMONT ROAD |
18 Aug 2023 | £743,408 | £730,000 | 48 HIGHER DRIVE |
16 Aug 2023 | £712,857 | £700,000 | 72 BEAUMONT ROAD |
17 Mar 2023 | £671,209 | £660,000 | 74B HIGHER DRIVE |
8 Dec 2021 | £453,309 | £420,000 | 32 AVELING CLOSE |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 20 Dec 2012. Using an estimated price of £830,469 means this house is valued at £4,538 per sq meter (£421 per sq foot).
The average size of a house on GRAHAM ROAD is 127 sq meters (1,368 sq feet).
This house is the largest in the street with a floor area of 183 sq meters (1,969 sq feet).