£195,271
This estimated value is based upon the latest sale price for the house of £77,000 on 10 Dec 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-3 The Exchange Purley Road, Purley, CR8 2HA
Phone: 02034630116
| Price Paid | Date |
|---|---|
| £77,000 | 10 Dec 2002 |
| £65,000 | 25 Oct 2001 |
| £65,000 | 22 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 41 sq meters or 441 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 December 2002 the House Price Index for GREATER LONDON was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £77,000 results in an estimated price of approximately £195,271.
| 10 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £77,000 | £118,271 | £195,271 |
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 | 60.416 % | £46,520 | £123,520 |
| 3 Month Average | 130.031 % | £100,124 | £177,124 |
| 6 Month Average | 130.163 % | £100,225 | £177,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £253,411 | £250,000 | FLAT 34 VENTURE LOFTS, 15 HIGH STREET |
| 28 Jul 2023 | £206,783 | £204,000 | FLAT 15 19 WHYTECLIFFE ROAD SOUTH |
| 6 Apr 2023 | £242,612 | £240,000 | FLAT 36 VENTURE LOFTS, 15 HIGH STREET |
| 3 Apr 2023 | £217,340 | £215,000 | FLAT 26 VENTURE LOFTS, 15 HIGH STREET |
| 24 Mar 2023 | £181,712 | £180,000 | FLAT 3 VENTURE LOFTS, 15 HIGH STREET |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 30 Oct 2017. Using an estimated price of £195,272 means this house is valued at £4,762 per sq meter (£442 per sq foot).
The average size of a house on HIGH STREET is 54 sq meters (581 sq feet).