This estimated value is based upon the latest sale price for the house of £457,500 on 25 Jul 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON1
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|£457,500||25 Jul 2005|
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 July 2005 the House Price Index for GREATER LONDON was 64.6.The House Price Index as of 1 Dec 2019 is 123.2 which is a change of 90.852%.
Applying this 90.852% change to the original purchase price of £457,500 gives us an estimated price now of around £873,146.
|25 Jul 2005||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the BR2 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||126.653 %||£579,439||£1,036,939|
|3 Month Average||64.563 %||£295,377||£752,877|
|6 Month Average||74.648 %||£341,512||£799,012|
|Date||Current Estimated Value||Price Paid||Address|
|18 Oct 2019||£1,186,267||£1,175,000||17 HOLLYDALE DRIVE|
|31 Jul 2019||£814,210||£800,000||19 BEVERLEY ROAD|
|3 May 2019||£598,302||£580,000||222 HASTINGS ROAD|
|26 Apr 2019||£497,498||£485,000||218 HASTINGS ROAD|
|5 Apr 2019||£1,282,210||£1,250,000||10 CROYDON ROAD|