£616,417
This estimated value is based upon the latest sale price for the house of £495,000 on 29 May 2019. 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 |
|---|---|
| £495,000 | 29 May 2019 |
| £331,000 | 30 Aug 2012 |
| £279,950 | 15 Jul 2003 |
| £76,000 | 12 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 942 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £495,000 results in an estimated price of approximately £616,417.
| 29 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £495,000 | £121,417 | £616,417 |
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 | 14.902 % | £73,766 | £568,766 |
| 3 Month Average | 17.197 % | £85,123 | £580,123 |
| 6 Month Average | 12.861 % | £63,660 | £558,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2024 | £630,000 | £630,000 | 42 BEAUMONT ROAD |
| 16 Aug 2023 | £712,857 | £700,000 | 72 BEAUMONT ROAD |
| 15 Dec 2021 | £794,640 | £736,250 | 26 HIGHER DRIVE |
| 30 Sep 2021 | £675,767 | £622,500 | 22 BEAUMONT ROAD |
| 14 Sep 2021 | £542,785 | £500,000 | 35 GRAHAM ROAD |
This house has a floor area of 87 sq meters or 942 sq feet when measured on 4 Jun 2011. Using an estimated price of £616,418 means this house is valued at £7,042 per sq meter (£654 per sq foot).
The average size of a house on GRAHAM ROAD is 127 sq meters (1,368 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Road |