£1,501,265
This estimated value is based upon the latest sale price for the house of £875,000 on 31 Aug 2012. 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 |
---|---|
£875,000 | 31 Aug 2012 |
£647,500 | 9 Jun 2003 |
Detached |
Freehold |
Floor Area: 171 sq meters or 1,842 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 August 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £875,000 results in an estimated price of approximately £1,501,265.
31 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.573 % | £875,000 | £626,265 | £1,501,265 |
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 | 53.039 % | £464,094 | £1,339,094 |
3 Month Average | 49.580 % | £433,821 | £1,308,821 |
6 Month Average | 55.740 % | £487,724 | £1,362,724 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £593,229 | £575,000 | 9 MONAHAN AVENUE |
15 Jun 2023 | £849,014 | £832,000 | 40A MONAHAN AVENUE |
26 Oct 2022 | £1,142,185 | £1,146,000 | 13 MONAHAN AVENUE |
6 May 2022 | £913,807 | £890,000 | 6 MONAHAN AVENUE |
25 Jan 2022 | £333,962 | £315,000 | FLAT C 41 FOXLEY LANE |
This house has a floor area of 171 sq meters or 1,842 sq feet when measured on 17 May 2011. Using an estimated price of £1,501,265 means this house is valued at £8,772 per sq meter (£814 per sq foot).
The average size of a house on FURZE HILL is 529 sq meters (5,696 sq feet).
This house is the smallest in the street with a floor area of 171 sq meters (1,842 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Furze Lane |
Apr 2024 | Other theft | Under investigation | On or near Russell Hill |
Apr 2024 | Burglary | Under investigation | On or near Holmoak Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Chichester Drive |