£847,280
This estimated value is based upon the latest sale price for the house of £845,000 on 28 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
Price Paid | Date |
---|---|
£845,000 | 28 Jul 2022 |
£630,000 | 21 Jan 2016 |
£426,000 | 22 Oct 2004 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 July 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £845,000 results in an estimated price of approximately £847,280.
28 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 148.6 | 0.270 % | £845,000 | £2,280 | £847,280 |
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 | 0.948 % | £8,009 | £853,009 |
3 Month Average | -0.454 % | £-3,837 | £841,162 |
6 Month Average | 6.579 % | £55,592 | £900,592 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £973,517 | £965,000 | 5 HILLCREST ROAD |
20 Jul 2023 | £957,892 | £945,000 | 54 HIGHFIELD ROAD |
15 Jun 2023 | £931,281 | £920,000 | 52 HILLCREST ROAD |
1 Mar 2023 | £1,478,933 | £1,465,000 | 35 HILLCREST ROAD |
18 Oct 2022 | £519,407 | £525,000 | FLAT 7 55 HILLCREST ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 28 Jan 2017. Using an estimated price of £847,281 means this house is valued at £6,944 per sq meter (£645 per sq foot).
The average size of a house on HIGHFIELD ROAD is 190 sq meters (2,053 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Highfield Road |
Jan 2024 | Robbery | Under investigation | On or near Highfield Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Road |