£924,198
This estimated value is based upon the latest sale price for the house of £737,500 on 29 Jun 2018. 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 |
|---|---|
| £737,500 | 29 Jun 2018 |
| £451,000 | 22 Jul 2013 |
| £520,000 | 10 Aug 2007 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,427 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £737,500 results in an estimated price of approximately £924,198.
| 29 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £737,500 | £186,698 | £924,198 |
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 | -15.795 % | £-116,488 | £621,011 |
| 3 Month Average | -0.013 % | £-96 | £737,403 |
| 6 Month Average | 10.796 % | £79,622 | £817,122 |
| 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 132 sq meters or 1,427 sq feet when measured on 16 Sep 2010. Using an estimated price of £924,198 means this house is valued at £6,968 per sq meter (£647 per sq foot).
The average size of a house on GRAHAM ROAD is 127 sq meters (1,368 sq feet).